Followers | 689 |
Posts | 143817 |
Boards Moderated | 35 |
Alias Born | 03/10/2004 |
Wednesday, November 03, 2021 1:17:23 PM
By: Zacks Equity Research | November 1, 2021
The Computer and Technology group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is salesforce.com (CRM) one of those stocks right now? A quick glance at the company's year-to-date performance in comparison to the rest of the Computer and Technology sector should help us answer this question.
salesforce.com is one of 645 companies in the Computer and Technology group. The Computer and Technology group currently sits at #8 within the Zacks Sector Rank. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the groups.
The Zacks Rank is a proven model that highlights a variety of stocks with the right characteristics to outperform the market over the next one to three months. The system emphasizes earnings estimate revisions and favors companies with improving earnings outlooks. CRM is currently sporting a Zacks Rank of #1 (Strong Buy).
The Zacks Consensus Estimate for CRM's full-year earnings has moved 34.19% higher within the past quarter. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.
According to our latest data, CRM has moved about 34.67% on a year-to-date basis. In comparison, Computer and Technology companies have returned an average of 25.80%. As we can see, salesforce.com is performing better than its sector in the calendar year.
To break things down more, CRM belongs to the Computer - Software industry, a group that includes 38 individual companies and currently sits at #101 in the Zacks Industry Rank. On average, stocks in this group have gained 41.75% this year, meaning that CRM is slightly underperforming its industry in terms of year-to-date returns.
Going forward, investors interested in Computer and Technology stocks should continue to pay close attention to CRM as it looks to continue its solid performance.
Read Full Story »»»
DiscoverGold
Information posted to this board is not meant to suggest any specific action, but to point out the technical signs that can help our readers make their own specific decisions. Caveat emptor!
• DiscoverGold
Recent CRM News
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 09/26/2024 04:19:33 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/25/2024 08:55:32 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/25/2024 08:50:09 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 09/24/2024 08:16:59 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/24/2024 01:08:44 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/24/2024 01:06:29 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/24/2024 01:04:22 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/24/2024 01:02:08 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/24/2024 12:59:15 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/24/2024 12:57:00 AM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 09/23/2024 08:15:39 PM
- Nike Shares Surge 7% Pre-Market as Elliott Hill Becomes CEO; FedEx Shares Tumble 13% After Profit Miss • IH Market News • 09/20/2024 10:02:58 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/18/2024 09:28:06 PM
- Salesforce and NVIDIA Forge Strategic Collaboration to Advance AI Agent Innovation • Business Wire • 09/17/2024 08:30:00 PM
- Salesforce and Google Cloud Join Forces to Deliver Autonomous AI Agents That Collaborate Across Salesforce and Google Workspace • Business Wire • 09/17/2024 12:00:00 PM
- Salesforce Data Cloud Momentum Soars with Rising Adoption and New Innovation That Brings Trusted Data to Agentforce • Business Wire • 09/17/2024 12:00:00 PM
- Salesforce Introduces Agentforce Partner Network — The World’s First Agent Ecosystem • Business Wire • 09/17/2024 12:00:00 PM
- Salesforce Expands Partnership with Saks Fifth Avenue • Business Wire • 09/17/2024 12:00:00 PM
- Salesforce Gives $23M to Education to Help the AI Generation Unlock Critical Skills • Business Wire • 09/16/2024 12:00:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/12/2024 08:35:30 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/12/2024 08:32:03 PM
- Salesforce Unveils Agentforce–What AI Was Meant to Be • Business Wire • 09/12/2024 08:30:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/11/2024 08:25:04 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 09/11/2024 08:04:16 PM
- Alation to Strengthen Data Trust and Governance in Salesforce Data Cloud • GlobeNewswire Inc. • 09/10/2024 01:04:00 PM
Lingerie Fighting Championships Signs Broadcast Deal With Maybacks Global Entertainment • BOTY • Sep 26, 2024 9:00 AM
Maybacks Global Entertainment and Lingerie Fighting Championships Enter Into Broadcast And Revenue Sharing Agreement • AHRO • Sep 26, 2024 8:30 AM
North Bay Resources Commences Operations at Bishop Gold Mill, Inyo County, California; Engages Sabean Group Management Consulting • NBRI • Sep 25, 2024 9:15 AM
CEO David B. Dorwart Anticipates a Bright Future at Good Gaming Inc. Through His Most Recent Shareholder Update • GMER • Sep 25, 2024 8:30 AM
Cannabix Technologies and Omega Laboratories Inc. Advance Marijuana Breathalyzer Technology - Dr. Bruce Goldberger to Present at Society of Forensic Toxicologists Conference • BLOZF • Sep 24, 2024 8:50 AM
Integrated Ventures, Inc Announces Strategic Partnership For GLP-1 (Semaglutide) Procurement Through MedWell USA, LLC. • INTV • Sep 24, 2024 8:45 AM