Salesforce.com now represents growth at a fair price
Brian Dress, director of research at Left Brain Investment Research, says that changing market conditions have him examining stocks on more of a growth-at-a-reasonable-price basis, but that view still has him sold on Salesforce.com, which he says was underperforming when it was rising 80 percent from its March 2020 lows before cooling recently. That drop, the stock's inclusion in the Dow Jones Industrial Average -- which helps to backstop it against declines -- and its prospects for faster growth than many of its peers have Dress and Left Brain sticking with Salesforce now, thinking it can continue to outperform the market while also adding some stability to a portfolio.