(Photo by Interim Archives/Getty Images) Getty Images[Updated 12/24/2020] Salesforce UpdateHaving gained more than 24% in FY 2021 (FY ends in January), Salesforce.com’s stock (NYSE: CRM) still has further growth potential. The company has seen a high revenue growth over recent years, and its P/S multiple has also risen steadily. Further, its net income is likely to grow to $1.4 billion, increasing the EPS figure to $1.47 for FY 2021. Salesforce’s stock has increased from $140 to $203 off the recent bottom, compared to the S&P which increased by around 47%. Comprised of companies with strong revenue growth, healthy profits, lots of cash, and low risk, it has outperformed the broader market year after year, consistently.

Source: Forbes December 24, 2020 12:00 UTC