Salesforce: The Market Is Once Again Missing The Forest For The Trees

Summary:

  • Following the latest quarter, it appears that Salesforce’s management is now heading the business in the right direction.
  • Most of the red flags that I have outlined before are now being taken care of, but I remain cautious for the time being.
  • More importantly, the market continues to react negatively to what was in my view a very good quarter.
Salesforce To Purchase Popular Messaging Platform Slack For 27 Billion

Stephen Lam

A lot has changed since I first covered Salesforce (NYSE:CRM), back in December of 2020.

Almost two and a half years ago, the company was trading at $225 per share and the optimism was running high. That is why, my bearish thesis was not


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