4 Reasons I Bought Salesforce Stock
salesforce.com's (NYSE: CRM) stock has risen nearly 20% over the past 12 months, but it's still underperformed many of its cloud peers and the diversified Global X Cloud Computing ETF, which advanced more than 60% over the same period.
Many investors seemed to shun Salesforce's stable returns in favor of higher-growth companies trading at much higher valuations. Salesforce's recent acquisitions, especially its $27.7 billion takeover of Slack, are also curbing its near-term earnings growth. But despite those challenges, I recently started a new position in Salesforce for four simple reasons.
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Source Fool.com
