Salesforce: Is It Worth The Premium Valuation?


  • Salesforce is encountering some issues recently and this has contributed to the stock losing roughly half of its value in the previous year.
  • Bret Taylor, the co-CEO of Salesforce, and Stewart Butterfield, the CEO of Slack, both announced their resignations about a month ago.
  • One component of technology that Salesforce is expecting will boost sales is artificial intelligence.
  • Salesforce has a wide window for expansion as the global adoption of the remote work trend is still in its infancy.
  • I rate the stock as a HOLD.
Salesforce To Purchase Popular Messaging Platform Slack For 27 Billion

Stephen Lam

Investment Thesis

Salesforce (NYSE:CRM) is an American cloud-based firm that delivers subscription-based software. Its software simplifies the organization and management of sales operations and customer connections for organizations. The business has also expanded into marketing, e-commerce, and data analytics. There are a lot of

Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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