First Google, now Salesforce! I see a similar AI comeback here with a P/E ratio of under 12!
Reading Time: 3 minutes
At the stock market, the greatest fortunes are often made when one has the courage to bet against the doomsday mood of the masses. Who can forget the spring of 2025? Back then, the Alphabet stock (i)(GOOG, GOOGL) was written off in the media due to the rapid rise of artificial intelligence. Traditional search was considered obsolete. One year later, the stock has more than doubled, and Google is regarded as one of the biggest winners in AI. I see this same panicked, short-sighted behavior currently repeating itself with Salesforce (i)(CRM). Under...
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