Is salesforce a BUY?

The stock has been tanking the previous quarters for underperformance. Is it different this time around?

Revenue for FY'2023 increased 18% YoY. The remaining performance obligation eked up 11%.

But the stellar performance drills down to the operating margin, which rose 120 bps.

Salesforce is more than just customer relations management (CRM). It also has other services, platforms and also data visualization.

All of its 5 verticals posted growth in FY'23.

in Q4'23, Salesforce regained its massive free cash flow, which grew by 42% YoY. Operating cash flow also improved by 41% as well.

Does all of this looks promising to you? Would invest in salesforce?

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