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Salesforce.com Inc (CRM) [hlAlert]

Rating:
Buy CRM
up 334.34 %

Salesforce.com Inc (CRM) rated Buy with price target $70 by Broadpoint AmTech Research

Posted on: Wednesday,  Nov 11, 2009  9:25 AM ET by Broadpoint AmTech Research

Broadpoint AmTech Research rated Buy Salesforce.com Inc (NYSE: CRM) on 11/11/2009, when the stock price was $16.10. Since
then, Salesforce.com Inc has gained 334.34% as of 11/20/2015's recent price of $69.94.
If you would have followed this Broadpoint AmTech Research's recommendation on CRM, you would have gained 334.34% of your investment in 2200 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.

Broadpoint AmTech, Inc. is an equity research firm specializing in research on large and small cap companies. It provides equity research, sales, and trading services. The firm provides fundamental research on information technology and defense companies. It focuses on the aerospace and defense; analog semiconductors; broadband and media services; clean technology: biofuels; clean technology: coal; clean technology: energy generation and infrastructure; clean technology: solar; clean technology: wind; data networking and storage components; engineering and construction; financial technology; Internet; information technology hardware; LED industry; software; wireless communications; and wireless IC sectors. The firm caters to institutional investors. It was formerly known as American Technology Research. Broadpoint AmTech, Inc. is based in Greenwich, Connecticut, with additional offices in San Francisco, California and Denver, Colorado. The firm is a division of Broadpoint Securities Group, Inc.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/11/2009 9:25 AM Buy
None
16.10 17.50
as of 12/31/2009
1 Week up  81.99 %
1 Month up  110.97 %
3 Months up  105.30 %
1 YTD up  105.30 %

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