NYSE:CRM

SalesForce.com Inc. (CRM)

234.02
-4.20 (1.76%)
as of Sep 25, 2026, 8:00:00 pm Market Open.
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COMMENT

A cloud-based software company and used for customer relationship management. From a sector strength standpoint, it is behaving extremely well. Very, very strong momentum in their growth. Quarter revenues have been growing in the 30% range. An expensive company so you have to understand you are buying momentum. If you believe that corporations are starting to loosen up a little bit on spending, there is growth coming. You are paying 160X next years earnings. With even a slight stumble, it would have a very tough time.

PAST TOP PICK

(Top Pick March 11/11. Up 7.17%.) This was a choice based on seasonality.

TOP PICK
Top Short Very highly valued. Chart is loosing a lot of momentum. It failed and now it is coming down. Will come down to $119 range but he will cover at $145 on the upside.
TOP PICK
Playing perfectly into the broadband penetration theme. They allow companies to deliver software remotely over the Internet. They make software for sales forces. They have a new product AppExchange which is a Trojan horse. It will become an infrastructure layer. Stock is not cheap, but the company is hypergrowth.
BUY ON WEAKNESS
Another big trend in terms of growth is software on demand and open source software. This company is on the leading edge of software on demand. There are now opening their platform to other types of software on an “as needed” basis. Pretty expensive.
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