Salesforce Stock: Bear vs. Bull
At the time, the leader of the cloud-based CRM (customer relationship management) services market seemed like a solid long-term investment. Salesforce expects its revenue and adjusted earnings per share (EPS) to rise 17% and 3%, respectively, in fiscal 2023 (which ends on Jan. 30). ServiceNow (NYSE: NOW) -- which streamlines digital workflows with its cloud-based services -- is expected to grow its revenues by 23% in 2022 and 22% in 2023.