Salesforce, Costco, Dell, Dollar General, and More Stocks to Watch This Week ...

The tech industry is a dynamic and rapidly evolving sector of the stock market, characterized by innovation and rapid growth. Companies in this sector typically engage in the development, production, and distribution of technology and Internet-related services and products. These companies range from giants like Apple (NASDAQ: AAPL) and Microsoft (NASDAQ: MSFT). These companies offer consumer electronics and software, to smaller startups focusing on cutting-edge technologies like artificial intelligence and ...

Salesforce (CRM) is scheduled to release first-quarter fiscal 2025 results on May 29.Salesforce, a leader in customer relationship management (“CRM”) software, has demonstrated strong financial performance and innovative advancements. The company’s earnings surpassed the Zacks Consensus Estimate in each of the trailing four quarters, the average surprise being 5.1%.For the fiscal first quarter, the company projects total revenues between $9.12 billion and $9.17 billion (midpoint $9.145 billion). Non-GAAP ea ...

Wall Street analysts forecast that Salesforce.com (CRM) will report quarterly earnings of $2.38 per share in its upcoming release, pointing to a year-over-year increase of 40.8%. It is anticipated that revenues will amount to $9.14 billion, exhibiting an increase of 10.8% compared to the year-ago quarter.The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe. ...

Salesforce (CRM) and International Business Machines (IBM) have announced an expanded strategic partnership, integrating IBM’s watsonx AI and Data Platform with Salesforce’s Einstein 1 Platform. This collaboration aims to offer customers greater flexibility in AI and data deployment, empowering teams to make informed, data-driven decisions directly within their workflow.Partnership to Address AI & Data Integration NeedsThe partnership between the two tech giants focuses on the bidirectional integration of d ...

Salesforce was one of the first big tech companies in 2024 to announce a dividend.It seems like more tech companies are starting to pay dividends as a new way to excite investors about their stock. Salesforce (CRM -1.15%) was one of the first to participate in this trend, but the question is, is it a good idea? After all, there's still a lot of growth to be had.However, investors should know some facts about dividends. While this may not be great news for Salesforce as a business, it's excellent news for Sa ...

The cloud software giant still hasn't joined the four-comma club ... yet.Salesforce (CRM -1.15%) is one of the world's largest cloud software companies, but it's still much smaller (as measured by market cap) than Amazon, Microsoft, and Alphabet  -- which all saw their market caps cross the trillion-dollar mark in recent years. Valued at $280 billion, Salesforce would still need to nearly quadruple its market cap to join the four-comma club.That might sound like a lofty goal, but Salesforce was only worth $ ...

Salesforce.com (CRM) ended the recent trading session at $287.07, demonstrating a +0.51% swing from the preceding day's closing price. The stock's performance was ahead of the S&P 500's daily gain of 0.09%. Elsewhere, the Dow saw a downswing of 0.49%, while the tech-heavy Nasdaq appreciated by 0.65%.Prior to today's trading, shares of the customer-management software developer had gained 5.64% over the past month. This has lagged the Computer and Technology sector's gain of 7.36% and the S&P 500's gain of 5 ...

John M. ChaseSalesforce started paying cash dividends Among the stocks in the Dow Jones Industrial Average, Salesforce (NYSE:CRM) is (or at least used to be) some kind of an outlier. Salesforce's P/E ratio is noticeably higher than the Dow Jones Industrial Average (and many times higher than some constitutes in the index). The Dow index is well known for tracking established companies, valuing them based on steady profits (reflected in a lower P/E). Salesforce, however, is a high-growth tech stock and d ...

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?Let's take a look at what these Wall Street heavyweights have to say about Salesforce.com (CRM) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.Salesforce.com currently has an average brokerage recommen ...