Salesforce stock gained 27% in 2024 and is expected to sustain momentum in 2025.

From Nasdaq: 2025-01-07 10:53:00

Salesforce, Inc. CRM closed 2024 with a 27% gain, outperforming the industry and S&P 500. It surpassed peers like Microsoft, Intuit, and Adobe. The company’s market leadership in CRM and generative AI innovations position it for growth. Despite challenges, its valuation suggests upside potential for investors.

Investors are optimistic about CRM’s continued momentum in 2025. Salesforce’s strong leadership in CRM and strategic acquisitions, like Slack and Own Company, have solidified its position in the market. The company’s focus on generative AI tools like Einstein GPT enhances its product offerings and innovation.

Salesforce’s attractive valuation with a forward P/E ratio below the industry average makes it a compelling investment. Despite revenue growth challenges and macroeconomic pressures, holding onto CRM stock for its long-term potential may be wise. The company’s Zacks Rank #3 (Hold) reflects a cautious yet optimistic outlook for investors.



Read more at Nasdaq: Salesforce Up 27% in 2024: Will the Stock Sustain Momentum in 2025?