Australia markets open in 5 hours 38 minutes
  • ALL ORDS

    7,739.30
    +22.20 (+0.29%)
     
  • AUD/USD

    0.7216
    +0.0005 (+0.07%)
     
  • ASX 200

    7,417.30
    +23.40 (+0.32%)
     
  • OIL

    84.12
    +0.30 (+0.36%)
     
  • GOLD

    1,819.20
    +2.70 (+0.15%)
     
  • BTC-AUD

    58,492.12
    -1,954.17 (-3.23%)
     
  • CMC Crypto 200

    1,012.26
    -13.47 (-1.31%)
     

3 Reasons to Buy Salesforce Stock to Kick Off 2022

·3-min read
3 Reasons to Buy Salesforce Stock to Kick Off 2022
In this article:
  • Oops!
    Something went wrong.
    Please try again later.

Salesforce.com (NYSE: CRM), one of the pioneers of cloud computing software, has been punished following its third-quarter earnings update. It would be easy to blame this most recent sell-off in Salesforce stock on the omicron variant of COVID-19, but the drop actually deepened following the fiscal 2022 third-quarter update (for the three months ended Oct. 31, 2021). In fact, Salesforce actually beat its own guidance, reporting revenue growth of 27% to $6.86 billion during the quarter.

Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting