Salesforce, Inc. (CRM): Why Are Billionaires Bullish on This Stock Right Now? [Yahoo! Finance]
Salesforce, Inc. (CRM)
Last salesforce, inc. earnings: 2/25 04:06 pm
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US:NYSE Investor Relations:
investor.salesforce.com/about-us/investor/overview/default.aspx
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Source: Yahoo! Finance
Billionaires and top hedge fund managers typically dominate the stock market, focusing on leading companies with strong track records and exceptional performance. They usually don't waste time with underperformers—they target the market's elite. The Stock Market Rally Before diving into the top stock picks among billionaires, reviewing how the market has performed so far this year is essential. On September 18, the Federal Reserve cut its policy rate by 50 basis points, lowering it to 4.75%–5.00% from 5.25%–5.50%. This move fueled a market rally, pushing stocks to a new intraday record high, and marking the 39th all-time high of 2024—the first since mid-July. Minneapolis Fed president Neel Kashkari acknowledged that while the rate cut was unusual historically, shifting the policy focus from controlling high inflation to addressing a weakening labor market was necessary. Here are some comments: “Right now, we still have a strong, healthy labor market. But I want to keep it a str
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CRM
News
- Salesforce, Inc. (NYSE: CRM) had its price target raised by analysts at Wedbush from $315.00 to $325.00. They now have an "outperform" rating on the stock.MarketBeat
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CRM
Earnings
- 8/28/24 - Beat
CRM
Sec Filings
- 9/27/24 - Form 4
- 9/26/24 - Form 144
- 9/25/24 - Form 4
- CRM's page on the SEC website