Salesforce Stock Soars 13% in a Month: Time to Hold or Book Profits?
From Nasdaq: 2025-05-14 08:54:00
Salesforce, Inc. (CRM) has surged 13.5% in the past month, outperforming the Computer and Technology sector. Market optimism from U.S.-China trade progress boosted CRM stock and other enterprise software makers like Oracle (ORCL), Microsoft (MSFT), and SAP (SAP). Salesforce’s strong position in CRM and AI, along with global AI spending growth, make it a solid long-term investment.
Despite the recent rally, Salesforce shares trade at a discount compared to the Computer – Software industry. While the company faces slowing sales growth due to cautious enterprise spending, its dominance in CRM software and AI capabilities remain strong. Consider holding Salesforce stock for its long-term potential and expected recovery once economic conditions improve.
For investors with a long-term view, holding Salesforce stock is advisable. The company’s reasonable valuation, strong positioning in AI and CRM, and long-term growth prospects make it a solid choice. While concerns over slowing sales growth persist, Salesforce is expected to bounce back once macroeconomic conditions improve. Consider CRM a Hold with a Zacks Rank #3 (Hold) at present.
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