'Even as the stock has rallied, it deserves to go much higher,' says Jim Cramer.
With Salesforce shares up a whopping 68% this year, including a 3% pop Thursday after another terrific earnings report, it may seem the right time to take profits. But we don't believe the cloud software company's incredible run is over — not even close. Improved profitability, demonstrated again in its fiscal 2024 second-quarter results reported Wednesday night, are behind Thursday's gains.
Marc Benioff, co-founder and chief executive officer of Salesforce.com Inc., speaks during the WSJDLive Global Technology Conference in Laguna Beach, California, U.S., on Wednesday, Oct. 26, 2016. The conference brings together an unmatched group of top CEOs, founders, pioneers, investors and luminaries to explore tech opportunities emerging around the world.
Argentina Últimas Noticias, Argentina Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Salesforce stock surges more than 5% as outlook tops Street expectationsSalesforce Inc. shares rallied in the extended session Wednesday after the customer-relations management software giant's earnings outlook topped Wall Street...
Leer más »
Salesforce Earnings Top Estimates. The Stock Is Rallying.Salesforce posted better-than-expected earnings and revenue, and inched up full-year guidance
Leer más »
Salesforce stock buoyed by outlook, Chewy shares slump and other stocks on the move.Salesforce.com, Okta, UBS and Chewy are stocks on the move.
Leer más »
Salesforce CEO Marc Benioff warns upcoming Dreamforce may be last in San FranciscoSalesforce Inc. co-founder and Chief Executive Marc Benioff warned Tuesday that the company's upcoming Dreamforce conference could be its last in San...
Leer más »
Is Dreamforce the ‘biggest AI event in the world?’Salesforce will highlight tech’s hottest trend this year.
Leer más »