Should You Buy Salesforce Stock Before Aug. 28?
Shares of Salesforce (NYSE: CRM) have frustrated investors by trading down about 20% from their 52-week high earlier this year.
Despite solid profitability and overall strong fundamentals, the customer resource management software pioneer has struggled to reaccelerate growth. The company is betting big on new artificial intelligence (AI) tools integrated across its platform, but the market appears skeptical about whether those efforts are enough to diversify the business beyond its core strengths.
These themes will be in focus when the company reports its second-quarter results on Aug. 28 (for the period ended July 31). Does the recent sell-off offer a good opportunity to buy shares in Salesforce before its Q2 earnings report?
Source Fool.com
