Salesforce: Wide Moat, Sticky Business Model, And Undervalued


  • Salesforce is the world’s #1 CRM company with a wide moat, sticky business model, and undervaluation.
  • Recent quarterly results showed disappointing guidance, but strong revenue growth and high operating margins.
  • My valuation models suggest Salesforce stock is undervalued, with potential upside based on dividend discount and discounted cash flow models.

Customer Relationship Management

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Salesforce (NYSE:CRM) is the world’s #1 CRM company, having pioneered the software-as-a-service business model back in the late 90s and has carved out an estimated 21.7% market share in CRM software. I recently

Analyst’s Disclosure: I/we have a beneficial long position in the shares of CRM either through stock ownership, options, or other derivatives. 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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