CRM just announced earnings. $7.41B revenue, 24% yoy growth. Outlook second quarter FY23 revenue guidance of $7.69B to $7.70B, up ~21% yoy. Thoughts?
Stay away!!!
Why? earnings look good?
Because every time it looks good, we announce a new acquisition to change it.
CRM is a great mid-long term buy
Amazon, CRM, and Microsoft are great for investors, less so for employees
CRM popped rather nicely today
Why buy crm??
Growth story intact. 40% discount on stock price compared to fall last year.
Why buy msft? It has reached cliff