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Technology

INVESTOR'S BUSINESS DAILY and JULIE MAK

Salesforce Stock Sees Improved Relative Price Strength

Salesforce

In a welcome move, Salesforce stock saw its Relative Strength Rating improve from 69 to 78 on Wednesday.

This exclusive rating from Investor's Business Daily measures market leadership with a 1 (worst) to 99 (best) score. The grade shows how a stock's price behavior over the trailing 52 weeks compares to all the other stocks in our database.

Decades of market research reveals that the best-performing stocks often have an 80 or better RS Rating as they launch their biggest price moves. See if Salesforce stock can continue to rebound and clear that threshold.

Can You Really Time The Stock Market?

Is Salesforce Stock A Buy?

Salesforce stock is working on a consolidation with a 318.71 buy point. See if the tech stock can break out in heavy volume. Read "Looking For The Next Big Stock Market Winners? Start With These 3 Steps" for more tips.

The computer software enterprise firm reported 21% earnings growth last quarter, while sales growth came in at 8%.

Salesforce stock earns the No. 12 rank among its peers in the Computer Software-Enterprise industry group. Palantir Technologies, Manhattan Associates and Smartsheet are among the top 5 highly rated stocks within the group.

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