Salesforce (NYSE:CRM) has been making several significant moves in the market. It has been identified not only as one of Ken Fisher's top growth stock picks but is also gaining bullish momentum amongst mega-cap stocks. Salesforce has increased its quarterly dividend rate by 4-5%, lifting the yield to $0.42. Despite being down post-earnings, there is positive speculation of it rebounding, with price predictions indicating growth by 2025-2030. Salesforce and Deloitte further strengthened their partnership using AI in enterprise processes and plans to boost the AI-powered Agentforce with a $1 billion investment in Singapore. The AI push could fuel a comeback by FY26. Additionally, there have been insider selling and share acquisitions by various investment corporations. Salesforce also signed a $2.5 Billion deal with Google Cloud for AI and CRM integration. Although the stock observed fluctuations, there are predictions of AI investing and strong growth potential supporting momentum gain. However, a less favorable review pointed to some growth concerns and disappointing guidance, suggesting competitive challenges. Overall, Salesforce is definitely a stock to watch.
Salesforce CRM News Analytics from Mon, 06 Jan 2025 08:00:00 GMT to Sat, 29 Mar 2025 23:20:38 GMT -
Rating 5
- Innovation 7
- Information 8
- Rumor 6
