Salesforce Stock Is Overvalued Despite Posting Revenue Growth

Salesforce (NYSE:CRM) continues to tread water. Shares of Salesforce stock have traded around $150/share for most of the year. As InvestorPlace’s Luke Lango put it earlier this month, the company is “stuck in neutral.” If there’s any stock to play the “move to the cloud” trend, CRM stock is just the ticket, but at the current valuation, is the stock a solid opportunity? The company projects 20% growth for the foreseeable future.

https://investorplace.com/2019/10/salesforce-stock-overvalued-despite-revenue-growth/