After a 32% Reckoning In Shares, Investors Are Calling The Salesforce Bottom. It's Time To Rally | CRM
Briefly

After a 32% Reckoning In Shares, Investors Are Calling The Salesforce Bottom. It's Time To Rally | CRM
"Shares of Salesforce (NYSE:CRM) are trading at $229.86, down 31% over the past year, yet retail investor sentiment has surged to a bullish 72 out of 100 on social platforms like Reddit and X. The disconnect between price action and online sentiment reflects a growing conviction that the cloud software giant's decline has created a rare buying opportunity. The sentiment shift is striking."
"Just days ago on January 17, Salesforce's social sentiment score plummeted to a bearish 22 as posts like "Next time you're told to buy Salesforce $CRM, think again" dominated r/investing with over 280 upvotes. The post's author wrote: "Next time you're told to buy Salesforce $CRM, think again" and questioned the company's AI strategy. Within 36 hours, however, sentiment reversed sharply. By January 22, bullish posts on r/wallstreetbets drove the score to 72, where it remains today."
Salesforce shares trade at $229.86, representing a 31% decline over the past year. Retail investor sentiment on social platforms such as Reddit and X rose to a bullish 72 out of 100. The divergence between falling share price and rising sentiment suggests many retail investors view the downturn as a buying opportunity. On January 17 the social sentiment score dropped to a bearish 22 after highly upvoted r/investing posts questioned Salesforce's AI strategy. Within 36 hours sentiment reversed sharply, and by January 22 bullish posts on r/wallstreetbets pushed the score back to 72, where it remains.
Read at 24/7 Wall St.
Unable to calculate read time
[
|
]