$Salesforce.com(CRM)$you have to own this stock in your portfolio.

CRM recently reported its quarterly results as follows:

• Revenue of $7.72 Billion, up 22% Y/Y, 26% Constant Currency ("CC") 
• Current Remaining Performance Obligation of $21.5 Billion, up 15% Y/Y, 19% CC

The company also provided strong guidance given the current macroeconomic headwinds:
• Third Quarter FY23 Revenue Guidance of $7.82 Billion to $7.83 Billion, up ~14% Y/Y, 18% CC
• Full Year FY23 Revenue Guidance of $30.9 Billion to $31.0 Billion, up ~17% Y/Y, 20% in CC
• Full Year FY23 GAAP Operating Margin Guidance of ~3.6% and Non-GAAP Operating Margin Guidance of ~20.4%
• Announces share repurchase program authorized by Board of Directors to repurchase up to $10.0 Billion

CRM's financial results highlight that Enterprise SaaS remains resilient in a challenging macroeconomic environment. The company has a wide moat and has even announced that it is raising prices for its communications app, Slack. With such pricing power, CRM is on track to achieve its goal of $50 billion in revenue in FY26.

CRM is trading at a forward PE of 31.66x which is the lowest since its IPO in 2018. At current prices, I believe that CRM shares provide a great value for money as a market leader which is growing rapidly and crushing its competitors. 

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