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WKN: A0B87V / ISIN: US79466L3024

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06.07.2024 14:30:00

Is Salesforce a Buy?

A company with a great product can make investors good money. Companies that can expand beyond that to launch new products and capture new markets can be life-changing investments. Enterprise software giant Salesforce (NYSE: CRM) is a prime example.Salesforce has evolved from one product to many, and its stock has returned more than 5,800% over its lifetime. The company is now worth $249 billion, so its best growth days are probably over. So should investors still buy the stock today?Companies must continually execute well to sustain success. Building a systemic edge over the competition, often called a moat, takes many years. Moats are important because they give companies pricing power and help protect them from competition.Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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