Is Salesforce (CRM) Now An Opportunity After A 42% Share Price Slide?
- If you are wondering whether Salesforce’s current share price lines up with its underlying worth, you are not alone. This article focuses squarely on what you might be paying for compared with what you are getting.
- After closing at US$178.16, the stock has seen a 6.1% decline over the past week, a 21.9% decline over the last 30 days, a 29.8% decline year to date, and a 41.8% decline over the past year, while its 3 year and 5 year returns sit at 10.5% and a 17.1% decline respectively.
- These moves sit against a backdrop of ongoing attention on large software names, where investors regularly reassess how much they are prepared to pay for recurring revenue, scale and brand strength. For Salesforce, that means current sentiment is being…
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