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Salesforce (CRM) Stock Analysis: Buy CRM Stock On The Dip?
This evening Salesforce (#CRM) announced their Q4 earnings and beat analyst expectations! The company reported Non-GAAP EPS of $1.04 (beat by $0.29) and revenue of $5.82B (+20% Y/Y).
Since reporting, shares of #Salesforce have dipped down to $222.89 (-3.54%). Not only did the company report a record quarter, but it gave fiscal guidance for this year and are predicting to increase revenues by +21%. Should investors be buying shares of Salesforce as the stock takes a dip?
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By Financial MoversThis evening Salesforce (#CRM) announced their Q4 earnings and beat analyst expectations! The company reported Non-GAAP EPS of $1.04 (beat by $0.29) and revenue of $5.82B (+20% Y/Y).
Since reporting, shares of #Salesforce have dipped down to $222.89 (-3.54%). Not only did the company report a record quarter, but it gave fiscal guidance for this year and are predicting to increase revenues by +21%. Should investors be buying shares of Salesforce as the stock takes a dip?