loader
30.08.2023 10:03

Inside Time: Two Mid-Term Ideas



Değerli Müşterilerimiz ve Ortaklarımız!

Inside Time: Two Mid-Term IdeasRegardless of which direction the global market takes, we recommend a stock that is likely to be in demand and another stock that will face another decline.So Salesforce (NYSE: CRM ): purchaseSalesforce has a market capitalization of $204 billion, making it the most valuable cloud software company in the world. The company, led by Marc Benioff, plans to publish a report for the second quarter tomorrow, August 30, after the close of the US market.Salesforce has consistently outperformed sales forecasts in every quarter since at least the second quarter of 2014, highlighting the strength and resilience of the business. Now we are also waiting for a better-than-expected result ($1.90 per share) due to strong demand for its software for CRM systems.A presentation of fresh company ideas is planned: Salesforce recently launched Einstein GPT, a generative artificial intelligence tool designed to help sales, marketing, and customer service teams do their jobs more efficiently.The first target is $255-260, then with a favorable foundation, we can consider the $320-325 zone. Dollar General (NYSE: DG ): saleDG shares have already fallen 37% since the beginning of the year. The discount retailer is struggling due to declining in-store customer traffic, higher pricing pressure and lower operating margins due to the challenging macroeconomic environment. Earnings are expected to fall amid slowing demand for high-yield goods. Wall Street expects the Goodlettsville discount retailer to earn just $2.47 per share, or (-17.1%) year-over-year. The second quarter report will be released on Thursday, August 31 at 6:55 a.m. ET.The first target: is $120-117, then, in case of a negative scenario, we can consider the $85-80 zone.Profits to yall!#ForexChief #market #forexnews #stocks #worldnews #profit #StockMarket #nyse #DollarGeneral #Salesforce

Saygılarımla,
xChief Ekibi