By Mill Chart
Last update: Apr 1, 2024
Exploring Growth Potential: SALESFORCE INC (NYSE:CRM) and Its Base Formation. Growth investors seek promising revenue and EPS growth, and SALESFORCE INC has come under our scrutiny for potential growth investing. While it's crucial to do your own research, we've detected SALESFORCE INC on our screen for growth with base formation, suggesting it merits a closer look.
ChartMill assigns a Growth Rating to every stock. This score ranges from 0 to 10 and evaluates the different growth aspects like EPS and Revenue, both in the past as in the future. NYSE:CRM scores a 8 out of 10:
ChartMill utilizes a Health Rating to assess stocks, scoring them on a scale of 0 to 10. This rating takes into account a variety of liquidity and solvency ratios, both in absolute terms and in comparison to industry peers. NYSE:CRM has earned a 7 out of 10:
ChartMill employs its own Profitability Rating system for stock evaluation. This score, ranging from 0 to 10, is derived from an analysis of diverse profitability metrics and margins. In the case of NYSE:CRM, the assigned 8 is noteworthy for profitability:
ChartMill also assign a Setup Rating to every stock. With this score it is determined to what extend the stock has been trading in a range in the recent days and weeks. This score also ranges from 0 to 10 and is updated daily. The setup score evaluates various short term technical indicators. NYSE:CRM scores a 7 out of 10:
CRM has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 294.40, a Stop Loss order could be placed below this zone.
Every day, new Strong Growth stocks can be found on ChartMill in our Strong Growth screener.
Our latest full fundamental report of CRM contains the most current fundamental analsysis.
Our latest full technical report of CRM contains the most current technical analsysis.
This is not investing advice! The article highlights some of the observations at the time of writing, but you should always make your own analysis and invest based on your own insights.
SALESFORCE INC
NYSE:CRM (4/26/2024, 7:04:00 PM)
After market: 274.99 +0.7 (+0.26%)274.29
+1.15 (+0.42%)
The technology sector has been one of the best performing industries in the market over this past year, offering investors large returns.
The cloud software giant continues to flaunt its partnership with the actor even after criticism from staffers
Salesforce announced the general availability of Einstein Copilot during its World Tour in New York
These are three overvalued tech stocks to sell in order to protect your portfolio from a potential AI bubble burst.
Forget the "Dogs of the Dow." These could be the darlings of the Dow in the future.
This Vanguard ETF tracks hundreds stocks in the information technology sector, the only market sector to outperform the S&P 500 over the past decade.
Even though the acquisition rumors may have been called off, Salesforce has been an exciting company to follow.
The new ecosystem of ISVs and systems integrators aims to help Salesforce customers leverage third-party data by providing bidirectional support for zero-copy integrations with Salesforce Data Cloud.
Salesforce today announced the general availability of its conversational AI assistant along with a library of pre-programmed ‘Actions’ to help sellers customers get the most out of the Copilot.
Salesforce has some exciting ideas regarding artificial intelligence.
Salesforce has some exciting ideas regarding artificial intelligence.