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Salesforce (#CRM) stock has been flat for the majority of the year. Shares are up +3.21% YTD and have had difficulty breaking out and staying above $230. Will earnings change that?
This evening, #Salesforce reported Q1 Non-GAAP EPS of $1.21 beats by $0.33 and revenue of $5.96B (+22.4% Y/Y). On top of the earnings beat, the tech gave Q2 revenue guidance of $6.22B, up Approximately 21% Year-Over-Year.
Is the breakout imminent for Salesforce stock? Will this be the best tech stock to buy for 2021?