Why Salesforce Lags Behind and One Stock That Surpasses It

Despite its recent gain of 6.2% over six months to $196.55 per share, Salesforce has trailed the S&P 500's 11.7% return during that period.

The company's billings came in at $7.18 billion in Q1, with a year-on-year growth averaging just 10.5% over the last four quarters.

This underwhelming performance suggests increasing competition is causing challenges in acquiring and retaining customers.