Salesforce.com (CRM)

Re: Salesforce.com (CRM)

Postby iam802 » Thu Jan 05, 2012 11:46 pm

Image

If cloud computing is a leading sector in the tech, then the chart for Salesforce.com is a sign that the tech industry is breaking down.

And by extension, entreprise spending is tightening in 2012.

From the Ichimoku Daily Chart, we can see that CRM as far as back as November in 2011 when it pierce through the kumo.

After which the counter rally, fail to go above the kumo.

From December till now, we can see 2 gap down on the chart; adding more strength to the bearish reading.

We can also see how the chart is showing a possible letter ‘h’ formation.

Image


From the Weekly Chart, we can see that the next possible support is around $86
1. Always wait for the setup. NO SETUP; NO TRADE

2. The trend will END but I don't know WHEN.

TA and Options stuffs on InvestIdeas:
The Ichimoku Thread | Option Strategies Thread | Japanese Candlesticks Thread
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Re: Salesforce.com (CRM)

Postby iam802 » Thu Jan 26, 2012 10:11 pm

This counter has been going up breaking through various resistances.

Losing money on this.

Frustration part is the CFO keeps selling as well.... :evil:
1. Always wait for the setup. NO SETUP; NO TRADE

2. The trend will END but I don't know WHEN.

TA and Options stuffs on InvestIdeas:
The Ichimoku Thread | Option Strategies Thread | Japanese Candlesticks Thread
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Re: Salesforce.com (CRM)

Postby winston » Tue Jun 23, 2015 8:08 pm

not vested

Salesforce.com (CRM, Tech30)
YTD performance: +26%
Current price: $74.50
Price target: $85

Salesforce.com is a fast-growing software company that is right in the middle of three of the major themes reshaping the tech world: the mobile revolution, Internet of Things and cloud computing.

The company, which is led by outspoken founder Marc Benioff, is "one of the best secularly positioned names in software," Morgan Stanley wrote in a recent report.
No wonder Microsoft (MSFT, Tech30) is trying to buy it.

Morgan Stanley thinks Salesforce will continue growing revenue at an impressive 25% clip through fiscal 2019. That's why Microsoft recently offered $55 billion to buy the company, according to reports.

Source: CNN Money
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Re: Salesforce.com (CRM)

Postby winston » Tue Jun 23, 2015 8:08 pm

not vested

Salesforce.com (CRM, Tech30)
YTD performance: +26%
Current price: $74.50
Price target: $85

Salesforce.com is a fast-growing software company that is right in the middle of three of the major themes reshaping the tech world: the mobile revolution, Internet of Things and cloud computing.

The company, which is led by outspoken founder Marc Benioff, is "one of the best secularly positioned names in software," Morgan Stanley wrote in a recent report.
No wonder Microsoft (MSFT, Tech30) is trying to buy it.

Morgan Stanley thinks Salesforce will continue growing revenue at an impressive 25% clip through fiscal 2019. That's why Microsoft recently offered $55 billion to buy the company, according to reports.

Source: CNN Money
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
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Re: Salesforce.com (CRM)

Postby winston » Tue Dec 01, 2015 8:52 am

Should You Buy Salesforce Stock? 3 Pros, 3 Cons

Can Salesforce keep up its momentum as competition heats up?

By Tom Taulli

Source: Investor Place

http://investorplace.com/2015/11/crm-st ... lzt9HYrKM8
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Re: Salesforce.com (CRM)

Postby winston » Fri May 27, 2016 8:09 pm

Cloud-computing firm Salesforce screams higher... up 50%-plus from its February low.
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Re: Salesforce.com (CRM)

Postby winston » Tue Nov 14, 2017 9:14 pm

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BUSINESS IS EASIER WITH THIS SOFTWARE LEADER

Today's chart highlights the company behind a leading sales-management system...

Regular readers know one of our favorite ways to invest is through "picks and shovels." These companies provide the tools, products, and services that support broad industries and long-term trends. We can see this idea at work today with software titan Salesforce.com (CRM)...

This $76 billion tech giant provides its clients with customer-relationship management software. As companies get bigger, it gets harder for them to keep track of their customers.

Using Salesforce.com's platform, sales agents can upload meeting notes, bids, or even a customer's favorite restaurant to a customer account. And since it's all stored in the cloud, they can access it anywhere, anytime.

In short, this is a business that helps people do business... And with fourth-quarter revenues up 27% year over year, it's showing incredible growth.

As you can see, Salesforce.com is soaring this year. Shares are up nearly 55% since January, and they just hit a new all-time high.

As more businesses turn to this company to boost their sales teams' productivity, its shares will continue to rise...

Source: Daily Wealth
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Re: Salesforce.com (CRM)

Postby winston » Tue Jan 07, 2020 2:29 pm

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Salesforce.com (CRM)

This company is well-known, almost a household name, and definitely a staple for online marketers.

Salesforce was an early leader in the cloud computing sector, and quickly became a leading name in Customer Relationship Management (also CRM, like the ticker).

The company’s products include cloud-based subscription software for tracking sales and commerce, databases, marketing efforts, customer service, and business analytics.

Salesforce is the largest of the companies in this list, with a market cap of $153 billion – up almost 11% in the past month.

Company management has set a goal increasing total revenues from FY2019’s $13 billion to $34 billion by 2024.

The most recent quarterly report, for calendar Q3 2019, showed that CRM is on track toward this goal – the $4.5 billion top-line revenue beat the forecast, as did the 75-cent EPS figure.

The upgrade on Salesforce came from RBC Capital analyst Alex Zukin. Zukin holds 5 stars from TipRanks, and is ranked #29 overall in the analyst database.

On Salesforce, Zukin had already rated the stock a Buy, but now he’s made the stock one of his Top Picks.

Supporting his increased optimism, Zukin writes, “We think that Salesforce continues to grow cRPO >20% and that there are many avenues to sustain growth, including service and marketing, the platform, and international and future initiatives… we think Salesforce can continue to drive premium growth for its size and it remains an important strategic asset.”

Along with the upgraded stance, Zukin also raised his price target on the stock to $215, suggesting an upside of 24% for CRM. (To watch Zukin’s track record, click here)

All in all, Salesforce gets a Strong Buy rating from the analyst consensus, based on no fewer than 24 Buys against a single Hold.

Shares currently sell for $172, and the average price target of $192 indicates an upside potential of 11%.

Source: TipRanks
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Re: Salesforce.com (CRM)

Postby winston » Tue Jan 07, 2020 10:25 pm

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Salesforce

This top company reported solid fiscal 2019 results as billings have drastically improved, and this past quarter was no exception.

Salesforce.com Inc. (NYSE: CRM) provides enterprise cloud computing solutions, with a focus on customer relationship management to various businesses and industries worldwide. It also has one of the most valuable brands in the world.

It offers enterprise cloud computing applications and platform services, including Sales Cloud that enables companies to store data, monitor leads and progress, forecast opportunities, gain insights through relationship intelligence and collaborate around sales on desktop and mobile devices.

The company also provides Service Cloud, which enables companies to deliver personalized customer service and support, as well as connect their service agents with customers on various devices, and Marketing Cloud, which enables companies to plan, personalize and optimize customer interactions.

In addition, Salesforce announced last year it has completed its acquisition of Tableau Software, bringing together the world’s number one customer relationship management company with the world’s number one analytics platform.

The RBC price target for the shares is $215, while the Wall Street consensus target is lower at $191.05. The stock was last seen trading on Monday at $173.45, up close to 5% on the day.

Source: RBC
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Re: Salesforce.com (CRM)

Postby winston » Thu Jan 09, 2020 10:33 pm

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USING THE 'PICKS AND SHOVELS' STRATEGY TO BECOME NO. 1 IN THE WORLD

Salesforce.com (CRM) is the world's No. 1 provider of customer-relationship management services. It makes it easy to manage sales, marketing efforts, and customer service, all in one place.

And with its cloud-based system, Salesforce allows its clients to access information anywhere... anytime.

More and more companies are turning to Salesforce's services to support their businesses... Its third-quarter sales recently beat estimates – up 33% year over year.

As you can see in today's chart, shares are up around 200% over the past five years.

And as more brands turn to Salesforce to manage their growing client bases, that trend should keep going...

Source: Daily Wealth
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