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

Rating:
Buy CRM
up 335.83 %

Salesforce.com Inc (CRM) rated Buy with price target $115 by Caris & Company

Posted on: Wednesday,  Jun 23, 2010  9:25 AM ET by Caris & Company

Caris & Company rated Buy Salesforce.com Inc (NYSE: CRM) on 06/23/2010. Previously Caris & Company rated Above Average Salesforce.com Inc (NYSE: CRM)
on 11/13/2009., when the stock price was $16.05. Since then, Salesforce.com Inc has gained 335.83% as of 11/20/2015's recent price of $69.94.
If you would have followed the previous Caris & Company's recommendation on CRM, you would have gained 335.83% of your investment in 2198 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.

Caris & Company, an investment bank created by a diverse group of leading Wall Street professionals. We are founded on the basic principle that Wall Street requires a different type of organization: One that offers objective, conflict-free research, acute focus on customer service, broad institutional coverage, and an unwavering commitment to increasing the value of our clients' portfolios. Quite simply, our goal is to generate solid investment ideas for our clients. We offer a unique, differentiated, conflict-free research perspective on large, mid, and small capitalization companies in four growth oriented verticals: Health Care, Technology, Energy, and Consumer.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/23/2010 9:25 AM Buy
None
23.20 28.75
as of 12/31/2010
1 Week down  -2.36 %
1 Month down  -5.01 %
3 Months up  18.28 %
1 YTD up  79.25 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/17/2010 9:25 AM Buy
None
21.41 25.00
2/18/2010 9:25 AM Buy
None
16.97 21.75
11/13/2009 10:25 AM Buy
None
16.05 17.00
8/21/2009 9:25 AM Hold
None
13.05 11.75
5/20/2009 9:25 AM Hold
None
10.36 9.25
11/21/2008 8:25 AM Hold
None
6.31 6.00

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