The top stock picks by millennials and Robinhood investors are often some of the highest-profile stocks on the market. Apple, Tesla, Facebook, and Disney make most top-25 lists for millennial investors, and then there are meme stocks thrown in, like AMC, GameStop, and Sundial Growers. Often overlooked are some of the companies that work behind the scenes to make businesses run more efficiently. One stock that should be right up the alley of millennial investors is Salesforce (NYSE: CRM), the software-as-a-service (SaaS) stock that powers companies worldwide. Image source: Getty Images. Salesforce is a perfect millennial stock There are a number of factors that make Salesforce a great stock for millennials with a tolerance for high risk and the time to let the company mature and grow. Connectivity: Salesforce is increasingly becoming the connection hub for businesses around the world. Not only is the Salesforce software a key tool for sales teams to track and convert leads, but the acquisition of Slack will also make Salesforce an important communication source for entire companies. Growth: Over the last decade, Salesforce has grown revenue by 1,090% and shows no signs of slowing down. SaaS: It's become commonplace for software to be sold as a service, and Salesforce has some of the most valuable and functional software in the industry. The customer relationship management platform, automated emails, commerce, and more provide direct dollars in return for a business, and SaaS is high margin and highly scalable. These features are the kinds of things millennial investors seem to favor with some of their stock picks. What Salesforce seems to have working against it is a brand that's not recognizable to most consumers. It's hard to see behind the scenes Salesforce's business model works behind the scenes. Companies and sales staff rely on it day to day, but consumers rarely see the company's products directly. At best, consumers may get automated email marketing that comes from Salesforce, but they're unlikely to even know it. Slack could change this dynamic. The acquisition of Slack brings Salesforce into a more consumer-facing product. It's a business tool for sure, but it blurs the lines between business and personal in many ways. What's important to understand from an investment perspective is how sticky Salesforce software can be. Once the product starts to become valuable within an organization, Salesforce can add tools to the portfolio and engrain itself even further. This is how Microsoft grew its business in the 1980s and '90s, and Salesforce is doing that today. It's still a growth machine As big as Salesforce is, the company is still growing rapidly. It's grown consistently over the past decade, and I don't see momentum slowing. CRM Revenue (TTM) data by YCharts. TTM = trailing 12 months. There's no question that shares are expensive at a price-to-sales ratio around 20 and a price-to-earnings ratio around 50, but that's the price investors have to pay for high-quality businesses. Salesforce should be a top stock for millennial investors, especially given its quality compared to some of the hottest meme stocks on the market. 10 stocks we like better than Salesforce.comWhen investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* David and Tom just revealed what they believe are the ten best stocks for investors to buy right now... and Salesforce.com wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of February 24, 2021 Teresa Kersten, an employee of LinkedIn, a Microsoft subsidiary, is a member of The Motley Fool's board of directors. Randi Zuckerberg, a former director of market development and spokeswoman for Facebook and sister to its CEO, Mark Zuckerberg, is a member of The Motley Fool's board of directors. Travis Hoium owns shares of Apple and Walt Disney and has the following options: long March 2023 $250.0 puts on Tesla. The Motley Fool owns shares of and recommends Apple, Facebook, Microsoft, Salesforce.com, Tesla, and Walt Disney. The Motley Fool recommends the following options: long March 2023 $120.0 calls on Apple and short March 2023 $130.0 calls on Apple. The Motley Fool has a disclosure policy.Source