John M. Chase My Caution On Salesforce Stock Panned Out I cautioned Salesforce, Inc. (NYSE:CRM) investors to be wary about chasing a further rally in CRM as I assessed that the optimism was getting too frothy. In my CRM stock update in December 2023, I indicated that while CRM's valuation was still relatively attractive, the risk/reward no longer appealed to me that much. As a result, I downgraded CRM to reflect my increased caution. CRM's buying momentum initially baffled me by allowing the stock to surge ...