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Added to YB: 2024-06-03

Pitch date: 2024-04-18

CRM [bullish]

Salesforce, Inc.

-31.36%

current return

Author Info

No bio for this author

Company Info

Salesforce, Inc. provides customer relationship management technology services that connect companies and customers together in the United States, Europe, and the Asia Pacific.

Market Cap

$172.8B

Pitch Price

$269.57

Price Target

N/A

Dividend

0.94%

EV/EBITDA

13.75

P/E

24.00

EV/Sales

4.36

Sector

Software

Category

growth

Show full summary:
Harding Loevner Global Equity ADR Composite Added On Portfolio Holding: Salesforce, Inc.

CRM's Data Cloud unifies enterprise data, enabling AI tools like Einstein to personalize marketing, automate service, and boost IT productivity. Mgmt sees FY25 revenue +9%, earnings +45% on operating leverage and cost discipline. Added to position as renewed focus on profitable growth makes targets achievable.

Read full article (1 min)