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

Rating:
Buy CRM
up 60.51 %

Salesforce.com Inc (CRM) rated Buy with price target $70 by Maxim Group

Posted on: Monday,  Feb 24, 2014  9:25 AM ET by Maxim Group

Maxim Group rated Buy Salesforce.com Inc (NYSE: CRM) on 02/24/2014. Previously Maxim Group rated Buy Salesforce.com Inc (NYSE: CRM) on 01/29/2013.,
when the stock price was $43.57. Since then, Salesforce.com Inc has gained 60.51% as of 11/20/2015's recent price of $69.94.
If you would have followed the previous Maxim Group's recommendation on CRM, you would have gained 60.51% of your investment in 1025 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.

At Maxim Group, our vision for equity research is to be a client’s first call for value-added research on companies not widely followed by Wall Street. Maxim’s premier niche is emerging-growth companies in a variety of sectors, including healthcare, technology, retail and others. As strong believers in fundamental research, our analysts utilize a “bottom up” approach to making investment recommendations. We combine rigorous financial analysis of specific companies and industries with due diligence that includes frequent consults with suppliers, customers, competitors and senior management. By applying these skills and techniques, we are able to offer our clients differentiated research.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/24/2014 9:25 AM Buy
None
63.91 70.00
as of 10/17/2014
1 Week up  1.57 %
1 Month down  -3.16 %
3 Months up  5.68 %
1 YTD up  0.79 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/19/2013 2:25 PM Buy
None
53.44 62.00
1/29/2013 9:25 AM Buy
None
43.57 50.00

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