Where Will Salesforce Stock Be in 3 Years?
Salesforce's (NYSE: CRM) stock rallied nearly 50% over the past three years and set a new all-time high in early March. It achieved those gains even as its growth slowed down and it was besieged by activist investors in the first half of 2023.
The cloud software giant pacified its critics by laying off thousands of employees, reining in its marketing expenses, suspending its ecosystem-expanding acquisitions, and launching its first buyback plan to boost its earnings per share (EPS). It also recently initiated its first dividend with a forward yield of 0.5%.
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Source Fool.com
