3 Stocks That Could Soar More Than Salesforce
Salesforce.com (NYSE: CRM) has been an undeniable winner since its 2004 IPO.
Shares of the cloud-management specialist have increased 2,200% since then with hardly a pullback. The stock has gained in every year except two. Today, Salesforce is worth more than $70 billion and is still putting up revenue growth in the range of 25%, a sign that plenty of growth and opportunity remain in the cloud software management sector it pioneered.
Given that record, it's not a surprise that investors would look for smaller stocks that could generate similar blockbuster returns. Below, three of our investors share why they believe XPO Logistics (NYSE: XPO), Veeva Systems (NYSE: VEEV), and Control4 Corporation (NASDAQ: CTRL) could be the next Salesforce-like breakout stock.
Source: Fool.com
Salesforce.com Stock
The stock is an absolute favorite of our community with 61 Buy predictions and no Sell predictions.
As a result the target price of 275 € shows a slightly positive potential of 5.2% compared to the current price of 261.4 € for Salesforce.com.
