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StockNews.com
StockNews.com
Business
Dipanjan Banchur

Should Investors Buy the Dip in Salesforce Stock?

Shares of enterprise software maker Salesforce, Inc. (CRM) have lost 47% in price year-to-date and 47.3% over the past year to close the last trading session at $134.75. It is trading 48.4% below its 52-week high of $261.35, which it hit on December 16, 2021.

CRM’s popular Customer 360 platform delivers a source that connects customer data across systems, applications, and devices to help companies sell, service, market, and conduct commerce from anywhere. Salesforce has been the number one CRM software provider worldwide by revenue for the last nine years.

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