Salesforce (NYSE:CRM)’s “AI Strategy is now Resonating Well among its Core Customer Base”

We recently published a list of Top 10 AI Stocks Investors are Talking About in October. Since Salesforce, Inc. (NYSE:CRM) ranks 8th on the list, it deserves a deeper look.

Venu Krishna, Barclays head of U.S. equity strategy, said while talking to CNBC in a latest program that he is not revising his S&P 500 year-end projection of 5,600 because he believes stock valuations are “full.”

“If you see what’s happening, numbers (earnings)  have been cut sharply going into the end. What is still anchoring the market is big tech, even though their earnings themselves are kind of decelerating. Then seasonality comes into play. October is the weakest month, and you don’t want to get ahead of that.”

https://www.insidermonkey.com/blog/salesforce-nysecrms-ai-strategy-is-now-resonating-well-among-its-core-customer-base-1370553/