Up +28% ahead of Q2 earnings, this software giant still has 49%+ upside
Smart money is watching Q2 earnings after a turbulent week, with high-conviction setups on the horizon. Software giant Salesforce (NYSE:CRM) has surged +28.14% since July, trading at a steep discount to its intrinsic value. Salesforce secured big defense and federal infrastructure contracts in July and August, which boosted its stock by +28.14%.
The company's AI platform is being embedded into high-security government operations, expanding Salesforce beyond traditional CRM software. InvestingPro members can access their full list of AI-powered stock picks, including Salesforce, which has an estimated fair value of $310.64 (+48.5% upside).
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