Salesforce Stock (CRM) VS. Slack Stock (WORK) - Time to DUMP?!! CRM Stock Analysis

Salesforce stock (CRM) drops, while Slack stock (WORK) skyrockets on the acquisition news. What to do now?👉 Free Investing Training Today: http://learn.investdiva.com/yes 🐷 See if you qualify to join the PIG🐷👉 https://learn.investdiva.com/hello

Salesforce is in advanced talks to buy Slack and as a result of the news, Salesforce.com stock, CRM, dropped, while Slack stock, WORK, skyrocketed. Now the question is, should you buy Salesforce stock? Or should you buy Slack stock? Or should you sell them? Or should you just stay away from the whole thing until the hype goes away?

Salesforce is a cloud software company obsessed with Customer relationship management (CRM). Slack is the office messaging app that rules your life. Now that it has a new suiter lining up asking to put a ring on it, of course, Slack’s stock price skyrocketed because this is America, and people like popular things and most investors jump on the hype.  Investors then dumped their salesforce stock on the possibility of another pricey acquisition. Over its 21-year history, Salesforce has bought over 60 companies. So basically Salesforce is the equivalent of an Amazon shopaholic on Black Friday.   The majority of investors turned their CRM position to either bearish or neutral on Monday. Now while the market sentiment has turned bearish, simply on the NEWS that Salesforce MIGHT buy Slack (I mean, talk about speculation, right?) this doesn’t mean that the company’s value and growth potential has just magically disappeared.