Section 1: Company Fundamentals

1.1 Summary Table

1.2 The Key Positives, Negatives, and Investment summary

1.3 Key Metrics:

CRM has shown a positive profit margin across all three segments compared to the negative industry median margins, demonstrating efficient resource allocation and operational efficiency. Additionally, the graph below demonstrates that CRM's revenues and gross profits have increased over the previous years with a 5 –year CAGR of 25.85% for revenue and 25.88% for Gross profits depicting increased demand for products and controlled cost of revenue.

Section 2: Salesforce Inc (“Buy” at USD 127.14, current market price as of 08 December 2022, at 8:40 AM PST)

2.1 Company Details

2.2 Valuation and Technical Guidance

Markets are currently trading in a highly volatile zone due to certain macroeconomic issues and prevailing geopolitical tensions. Therefore, it is prudent to follow a cautious approach while investing.

Note 1: Past performance is not a reliable indicator of future performance.

Note 2: The reference date for all price data, currency, technical indicators, support, and resistance levels is December 08, 2022. The reference data in this report has been partly sourced from REFINITIV.

Note 3: Investment decisions should be made depending on an individual's appetite for upside potential, risks, holding duration, and any previous holdings. An 'Exit' from the stock can be considered if the Target Price mentioned as per the Valuation and or the technical levels provided has been achieved and is subject to the factors discussed above.

Note 4: The report publishing date is as per the Pacific Time Zone.

Technical Indicators Defined: -

Support: A level at which the stock prices tend to find support if they are falling, and a downtrend may take a pause backed by demand or buying interest. Support 1 refers to the nearby support level for the stock and if the price breaches the level, then Support 2 may act as the crucial support level for the stock.

 Resistance: A level at which the stock prices tend to find resistance when they are rising, and an uptrend may take a pause due to profit booking or selling interest. Resistance 1 refers to the nearby resistance level for the stock and if the price surpasses the level, then Resistance 2 may act as the crucial resistance level for the stock.

 Stop-loss: It is a level to protect further losses in case of unfavorable movement in the stock prices.