Salesforce (NYSE:CRM) stock is a darling of the market, but if CRM stock has gotten ahead of its skis, so to speak, then it’s time to be cautious, not greedy. The smart strategy now is to just let the Salesforce share price drop before making a move.
Since Salesforce stock has already rallied sharply, investors assume that the company’s revenue will grow exponentially. However, there could be a mismatch between expectations and reality.
I don’t want anyone to learn a harsh lesson about what can happen when you chase after expensive stocks. So, let’s delve into the details and consider why it’s not the right time to buy CRM stock.
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