Doesn't get loved like Google or Microsoft. They were chastised for buying Slack at a high price, so the share price consolidated, but in recent weeks CRM has broken out. CRM will continue to deliver and move up to $300 with 20% upside relatively soon. (Analysts’ price target is $274.62)
They've bought a lot of businesses, including Slack. How will they integrate it? Some integrations haven't worked. To compete with Micorsoft in teams and office products, CRM needs to acquire more businesses in coming quarters and even years. This is the big point. The stock may be volatile. That said, CRM has grown very aggressively in recent years. He expects a pullback in coming quarters due to hiccups in acquisitions.
They've bought a lot of businesses, including Slack. How will they integrate it? Some integrations haven't worked. To compete with Micorsoft in teams and office products, CRM needs to acquire more businesses in coming quarters and even years. This is the big point. The stock may be volatile. That said, CRM has grown very aggressively in recent years. He expects a pullback in coming quarters due to hiccups in acquisitions.
Investor day is coming this Tuesday. Contrary to the street, he thinks the Slack deal made sense. Slack products are terrific and SF needs them to go toe to toe with Microsoft. Slack is a serious company that just reported a fine quarter, though nobody paid attention. Salesforce has a good record in takeovers. The CEO knows what he's doing.
Investor day is coming this Tuesday. Contrary to the street, he thinks the Slack deal made sense. Slack products are terrific and SF needs them to go toe to toe with Microsoft. Slack is a serious company that just reported a fine quarter, though nobody paid attention. Salesforce has a good record in takeovers. The CEO knows what he's doing.
Great software company as we move to the cloud. Dominate their sector. A great hold. You could probably buy and hold and make money. He holds Twilio instead.
Great software company as we move to the cloud. Dominate their sector. A great hold. You could probably buy and hold and make money. He holds Twilio instead.
Owns Microsoft and entered back in March. You are getting the cloud, entreprise and other businesses. Likes the diversification and growth expectation. You are paying a premium 31x earnings but revenue growth is low double digits which is very good. CRM, you pay higher multiples than Microsoft. Prefers MSFT.
Owns Microsoft and entered back in March. You are getting the cloud, entreprise and other businesses. Likes the diversification and growth expectation. You are paying a premium 31x earnings but revenue growth is low double digits which is very good. CRM, you pay higher multiples than Microsoft. Prefers MSFT.
SalesForce.com Inc. is a American stock, trading under the symbol CRM-N on the New York Stock Exchange (CRM). It is usually referred to as NYSE:CRM or CRM-N
In the last year, 11 stock analysts published opinions about CRM-N. 8 analysts recommended to BUY the stock. 2 analysts recommended to SELL the stock. The latest stock analyst recommendation is BUY. Read the latest stock experts' ratings for SalesForce.com Inc..
SalesForce.com Inc. was recommended as a Top Pick by Jim Cramer - Mad Money on 2021-03-01. Read the latest stock experts ratings for SalesForce.com Inc..
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
11 stock analysts on Stockchase covered SalesForce.com Inc. In the last year. It is a trending stock that is worth watching.
On 2021-03-05, SalesForce.com Inc. (CRM-N) stock closed at a price of $210.76.
Deferred revenues are a key metric and theirs is much better than expected. Fears of the Slack purchase holding back CRM stock is wrong. Their CEO is good at integrating big deals. This deal can lead to strong cross-selling potential