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Enter Symbol:
 
Salesforce.com Inc (CRM) [hlAlert]

Rating:
Strong Buy
CRM
up 26.40 %

Salesforce.com Inc (CRM) rated Strong Buy by Raymond James

Posted on: Monday,  Oct 21, 2013  8:25 AM ET by Raymond James

Raymond James rated Strong Buy Salesforce.com Inc (NYSE: CRM) on 10/21/2013, when the stock price was $55.33.
Since then, Salesforce.com Inc has gained 26.41% as of 11/20/2015's recent price of $69.94.
If you would have followed this Raymond James's recommendation on CRM, you would have gained 26.4% of your investment in 760 days.

Salesforce.com, inc. is a provider of software on demand. The Company provides customer relationship management (CRM) service to businesses of all sizes and industries worldwide. The Company also provides a technology platform for customers and developers to build and run business applications. Approximately 55,400 customers worldwide use salesforce.com to manage their customer, sales and operational data. The Company designed and developed its offering to be an easy-to-use and intuitive solution that can be deployed rapidly, can be customized easily and can be integrated with other software applications. The Company deliver its service through a standard Web browser. Customers who use its enterprise cloud computing CRM service and platform are able to avoid many of the expenses and complexities of traditional enterprise software development and implementations.

Our equity research team has gained national attention for stock-picking ability and analyst performance, with recognition in leading publications such as the Wall Street Journal and Institutional Investor magazine*. Raymond James’ equity research philosophy focuses on a fundamental approach that encompasses three basic points. First, we believe that superior research on select companies within well-defined industries is preferable to broad general coverage. Second, we concentrate on the identification of quality companies demonstrating solid growth potential, with the goal of helping our clients maximize their investment returns. Third, to help our clients take advantage of pockets of inefficiency in the market, we strive to locate superior companies from across the country that have the potential to provide our clients with unique opportunities.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/21/2013 8:25 AM Buy
None
55.33
as of 12/13/2013
1 Week down  -5.10 %
1 Month down  -10.62 %
3 Months down  -7.59 %
1 YTD down  -7.59 %

(*) Stock Price at the time of the recommendation.
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