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

Rating:
Buy CRM
up 104.86 %

Salesforce.com Inc (CRM) rated Buy with price target $170 by Morgan Joseph

Posted on: Wednesday,  Jan 5, 2011  9:25 AM ET by Morgan Joseph

Morgan Joseph rated Buy Salesforce.com Inc (NYSE: CRM) on 01/05/2011, when the stock price was $34.14. Since
then, Salesforce.com Inc has gained 104.86% as of 11/20/2015's recent price of $69.94.
If you would have followed this Morgan Joseph's recommendation on CRM, you would have gained 104.86% of your investment in 1780 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.

Morgan Joseph is committed to providing timely, objective and actionable investment advice on the companies and securities we follow. Our team of equity analysts covers a growing universe of stock issues across a broad range of industry sectors. As a middle market-focused firm, our approach is not to publish research on as many companies as possible within a number of industry sectors. Rather, our research analysts distinguish themselves by zeroing in on quality companies with growth prospects or which present special situations. These companies often lack a research following. This enables our analysts to provide insight to investors in companies that are not well understood nor fairly valued.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/5/2011 9:25 AM Buy
None
34.14 42.50
as of 12/30/2011
1 Week up  3.50 %
1 Month down  -14.32 %
3 Months down  -11.21 %
1 YTD down  -25.70 %

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