MarketWatch

Salesforce and other software stocks are -2-

   Palo Alto Networks Inc.              PANW                                         16.5%                                     12.6% 
                                                                                                                     Source: FactSet 

In comparison, the S&P 500 is expected to show a weighted sales two-year revenue CAGR of 5.7% and an EPS CAGR of 12.9%. For the S&P 500 software-industry group, the expected two-year sales CAGR is expected to be 14.2%, with an EPS CAGR of 15.9%.

Don't miss: Here's a way to look beyond Nvidia's stock for AI investments

-Philip van Doorn

This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.

 

(END) Dow Jones Newswires

07-13-24 0555ET

Copyright (c) 2024 Dow Jones & Company, Inc.

Market Updates

Sponsor Center