Looking for Investment Ideas? Check Out This List

Companies that upset employees tend not to get total effort from their staff. On the flip side, businesses that are fantastic to work for receive more effort from employees because workers believe in a mutual benefit. Investors can capitalize on this insight when researching and purchasing stocks: companies that treat their employees well are likely to be solid investments.

Luckily, this can be an easy metric to find. Over the past 25 years, Fortune has put out a list of the 100 best companies to work for, informing future employees and investors of the businesses that treat their workers well. Salesforce ( CRM -3.19% ), Nvidia ( NVDA -5.21% ), and Accenture ( ACN 0.18% ) all land among the top 10 best companies on the list. Fittingly, these three companies have proven to be fantastic investments over the past decade and have solid prospects.

Image source: Getty Images.

1. Salesforce

One of the original software-as-a-service companies, Salesforce assists with customer relationship management (CRM). Salesforce describes this as “a technology for managing all your company’s relationships interactions with customers and potential customers.” Its tools include marketing, sales management, and customer service, making its product vital to customer retention. Nearly every business needs some form of CRM, whether it’s conducted through software like Salesforce or through personal interaction.

For its 2022 fiscal year (ending Jan. 31), Salesforce posted $26.5 billion in sales, up 25% year over year. While the company’s operating margin broke just over even at 2.1% according to generally accepted accounting principles (GAAP), its non-GAAP operating margin was 20% for the whole year. Management expects fiscal year 2023 sales growth of 21% with a non-GAAP operating margin of 20%.

Salesforce has solidified itself as the top CRM software for large companies, but among smaller businesses, it has a fierce competitor in HubSpot ( HUBS -3.77% ). Still, the most significant contracts are…

Read complete post here:
Source link