The Latest Breaking News from CRM

Innovation in the software industry will likely continue bringing waves of investments. However, global economic instability is expected to compound near-term challenges for the software industry. While we think Salesforce (CRM) might be worth buying, fundamentally weak software stocks Robinhood Markets (HOOD) and Matterport (MTTR) could be best avoided. Keep…

Software giant Salesforce (CRM) delivered solid top-to-bottom growth in the third quarter of the fiscal year 2023. Moreover, analysts seem bullish about the company’s prospects. The stock appears poised to soar further despite volatile market conditions due to its strong financials, strategic expansions, and upcoming transformational deals. Read on….

Despite a slowdown in the Fed’s rate hike aggression, recession probabilities are still widespread. However, given the robust demand for tech products and services, the prospects of the industry look bright. Therefore, investors could buy quality tech stock Salesforce (CRM), regardless of a recession. However, fundamentally weak BlackBerry (BB) might…

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The Fed’s downshift on tightening in response to the continued decline in inflation and growing odds of the economy achieving a soft landing could help growth stocks rebound strongly this year. Amid improving investor sentiment, it could be wise to invest in fundamentally sound stocks Salesforce (CRM), ADT Inc. (ADT),…

The software industry has been under pressure due to macroeconomic challenges. However, the industry is expected to witness solid growth over the long term due to robust demand for its products and services. Therefore, it could be wise to own fundamentally sound software stocks Salesforce (CRM), Commvault Systems (CVLT), and…

Popular software stock Salesforce (CRM) has gained double digits over the past month. Moreover, it should witness sustained growth given its steady fundamentals and the industry’s solid prospects. So, CRM could be the ideal software stock to buy now. Keep reading.

Leading cloud-based software company Salesforce (CRM) delivered double-digit top-line growth in its last reported quarter. Moreover, the company raised its guidance for fiscal 2023. CRM is well-positioned to achieve solid growth owing to product innovations and multi-cloud expansions. Therefore, this tech stock is an ideal buy now. Read on….

While the Fed’s interest rate increases have shown some success in easing inflation, the stronger-than-expected jobs report suggests that the Fed has more work to do. Continued interest rate hikes will likely push the economy into a recession. Amid an uncertain economic backdrop, it could be wise to buy shares…

The software industry encountered various macroeconomic challenges last year. However, the industry's prospects remain strong, owing to increased IT spending and growing cloud services adoption. Hence, it could be wise to invest in fundamentally sound software stocks Oracle (ORCL), Salesforce (CRM), and Progress Software (PRGS) this year. Continue reading….

The gradual decline in inflation and decelerating wage growth might prompt the Fed to slow the pace of rate hikes this year, which might help growth stocks to stage a recovery. So, fundamentally strong growth stocks Salesforce (CRM), HF Sinclair (DINO), and Box (BOX), which look poised to soar in…