Salesforce (CRN) had a tremendous 4Q18, yet the stock is down after 1Q19 guidance estimates came in ...
Salesforce: Bet on Benioff
10/22/2018 5:00 am EST
Now is the time to take a position in Salesforce (CRM); the company develops enterprise cloud computing solutions with a focus on customer relationship management, explains growth expert Todd Shaver, editor of BullMarket.
The company offers Sales Cloud to store data, monitor leads and progress, forecast opportunities, and gain insights through analytics and relationship intelligence, as well as deliver quotes, contracts, and invoices.
It also provides Service Cloud, which enables companies to deliver personalized customer service and support, as well as a field service solution that enables companies to connect agents, dispatchers, and mobile employees through a centralized platform, which helps to schedule and dispatch work, and track and manage jobs in real-time.
Their CEO and Founder, Mark Benioff, is a powerful man. He is dedicated to this country, his employees and his stockholders. He just bought Time Magazine for $190 million.
Benioff founded Salesforce in 1999, and it is now a Fortune 500 company with more than 30,000 employees, guided by four core values — trust, customer success, innovation and equality. The company has been recognized as the Most Innovative Company by Forbes, the #1 Best Place to Work by Fortune, and the 15th Most Admired Company in the World by Fortune.
Benioff was named “Innovator of the Decade” by Forbes, ranked #3 on Fortune's 2017 "Businessperson of the Year" list, and recognized as one of the World’s 25 Greatest Leaders by Fortune and 15 Best-Performing CEOs by Harvard Business Review.
Under Benioff's leadership, Salesforce is the fastest-growing top-five enterprise software company and the #1 provider of Customer Relationship Management (CRM) software globally. When the market settles, Salesforce will be at the front of the pack moving higher.
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