CRM, TEAM: Underperforming, But Strong Value & Sustained Growth In Cloud Stocks

Salesforce’s (CRM) core business is resilient with strong value proposition, says Steve Koenig. He discusses cloud stocks and the reasons for their underperformance. He talks about how SMBC Nikko Securities has an outperform rating on cloud stocks CRM and Atlassian (TEAM). He then goes over how TEAM has growth sustained at a mid-30% level with strong secular drivers. Tune in to find out more about cloud stocks, as well as the stock market today.