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Investors Business Daily
Investors Business Daily
Business
INVESTOR'S BUSINESS DAILY and GLENN LARKIN

Salesforce Stock Sees Its Composite Rating Rise A Bit More, To 96

The IBD SmartSelect Composite Rating for Salesforce rose from 94 to 96 Friday.

The upgrade means the stock currently tops 96% of all other stocks in terms of key performance metrics and technical strength.

Salesforce stock is not currently near a proper entry. The Stock is trying to clear key moving averages as it fights back from recent lows. See if the stock goes on to form a new chart pattern and offer a new buying opportunity.

See IBD's Upcoming Earnings Calendar, Updated Weekly

 

The stock has a 98 EPS Rating, which means its recent quarterly and annual earnings growth tops 98% of all stocks.

Its Accumulation/Distribution Rating of C- shows a roughly equal amount of buying and selling by institutional investors over the last 13 weeks.

In Q2, the company reported 78% earnings growth. Revenue was flat, matching the prior report's 11%. Next report is due Nov. 28.

Salesforce earns the No. 9 rank among its peers in the Computer Software-Enterprise industry group. ServiceNow, UiPath and Palantir Technologies are among the top 5 highly-rated stocks within the group.

Stocks To Buy And Watch: Top IPOs, Big And Small Caps, Growth Stocks

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