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

Rating:
Buy CRM
up 395.23 %

Salesforce.com Inc (CRM) rated Buy with price target $61 by Canaccord Adams

Posted on: Friday,  Nov 21, 2008  12:25 PM ET by Canaccord Adams

Canaccord Adams rated Buy Salesforce.com Inc (NYSE: CRM) on 11/21/2008. Previously Canaccord Adams rated Buy Salesforce.com Inc (NYSE: CRM) on 10/10/2007.,
when the stock price was $14.12. Since then, Salesforce.com Inc has gained 395.24% as of 11/20/2015's recent price of $69.94.
If you would have followed the previous Canaccord Adams's recommendation on CRM, you would have gained 395.23% of your investment in 2963 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.

Canaccord Adams provides focused, actionable, idea-driven research, helping clients make informed investment decisions. Our 55 international analysts scour the globe for emerging and small to mid cap (US$1-2 billion market capitalization) growth opportunities, identifying value and exposing risk. Our research team analyzes over 550 companies in eight sectors, clarifying current events and anticipating market trends in high-quality daily, weekly and monthly research products. Our clients benefit from our thorough and sophisticated knowledge of the sectors we cover - Metals and Mining, Energy, Technology, Life Sciences, Real Estate, Consumer, Sustainability and Industrial Growth. We combine independent, actionable ideas, unique global perspective and unparalleled industry expertise. We believe it's evident in our research, and the foundation of our business.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/21/2008 12:25 PM Buy
None
5.58 15.25
as of 12/24/2008
1 Week up  4.80 %
1 Month up  15.03 %
3 Months up  48.28 %
1 YTD down  -31.27 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/10/2007 11:25 AM Buy
None
14.12 19.50

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