salesforce.com posts
FeedPosted Mar 17th 2011 12:00PM by Joseph Lazzaro (RSS feed)
Filed under: salesforce.com inc (CRM), Stocks to Buy
Shares of customer relationship software giant Salesforce.com (CRM), which I first wrote about on June 18, 2009, at a price of $40.16, have pulled back this winter from a high near $151 to about $125, but I still like the shares at this juncture. Here's why.
Salesforce.com is a company whose products and services are hot. Revenue likely will rise 25% to 30% in FY2012, following a 27% surge in FY201.
Salesforce.com designs "on-demand" customer relationship software, software that lowers up-front investment, increases vendor accountability and enables flexible subscription pricing, among other benefits.
Continue reading Salesforce.com Is Well Positioned for Growth
Posted Mar 2nd 2011 11:20AM by Eric Buscemi (RSS feed)
Filed under: Analyst Reports, Analyst Upgrades and Downgrades, Google (GOOG), Yahoo! (YHOO), Ciena Corp (CIEN), Chipotle Mexican Grill'A' (CMG), Family Dollar Stores (FDO), Texas Instruments (TXN), Analyst Initiations, Akamai Technologies (AKAM), Juniper Networks (JNPR), salesforce.com inc (CRM)
Analyst Upgrades
- SINA (SINA) to overweight from neutral at Piper Jaffray.
- Texas Instruments (TXN), ON Semiconductor (ONNN), Xilinx (XLNX) and Valassis (VCI) to overweight from neutral at JPMorgan.
- Salesforce.com (CRM) to buy from hold at Canaccord.
- Peet's Coffee (PEET) to buy from neutral at Janney Capital.
- Invesco Mortgage (IVR) to overweight from equal weight at Barclays.
- BTU International (BTUI) to buy from hold at Wunderlich.
- Coca-Cola Femsa (KOF) to overweight from neutral at HSBC.
- Chipotle (CMG) to market perform from underperform at Morgan Keegan.
Continue reading Analyst Calls: AKAM, CIEN, CMG, CRM, FDO, GOOG, JNPR, MCC, TXN, YHOO ...
Posted Feb 25th 2011 12:00PM by Tom Taulli (RSS feed)
It's extremely tough for a company to maintain a super growth rate for a couple years. After all, rivals will emerge and the market will get saturated.
But there are exceptions. Just look at Salesforce.com (CRM). It seems there is no end to the company's growth. Then again, it is a leader in cloud computing, which is expected be one of the biggest megatrends in tech history.
Continue reading Salesforce.com's Growth Machine Won't Stop
Posted Feb 25th 2011 8:30AM by Jason Raznick (RSS feed)
Filed under: Before the Bell, Applied Materials (AMAT), Boeing Co (BA), Amer Intl Group (AIG), salesforce.com inc (CRM)

U.S. stock futures are higher Friday morning as crude oil prices stabilized. Futures for the
Dow Jones Industrial Average gained 55 points to 12,092.00, while those for the S&P 500 index climbed 7 points to 1,309.70. Futures for the Nasdaq 100 index rose 15.50 points to 2,323.75.
U.S. stock market closed mixed yesterday, with the Dow Jones Industrial Average dropping 37.28 points, the Nasdaq Composite gaining 14.91 points and the S&P 500 declining 1.30 points.
Continue reading U.S. Stock Futures Up as Crude Oil Prices Stabilize
Posted Feb 24th 2011 5:30PM by Trefis (RSS feed)
Filed under: Technology
We recently held a discussion with SAP (SAP) about the company's growth prospects, highlighting opportunities in on-premise, on-demand and enterprise mobile software markets (on-device). On-demand is a fast growth market, in which SAP competes with players like Salesforce.com (CRF), Oracle (ORCL) and Microsoft (MSFT).
We also discussed the prospects of in-memory technology and its potential advantages over traditional relational database technology, like competitor Oracle's Exadata machines.
Continue reading Optimistic Outlook for SAP's On-Demand Market Prospects
Posted Feb 15th 2011 11:30AM by Eric Buscemi (RSS feed)
Filed under: Analyst Reports, Analyst Upgrades and Downgrades, Netflix, Inc. (NFLX), Chipotle Mexican Grill'A' (CMG), Family Dollar Stores (FDO), U.S. Steel (X), Analyst Initiations, salesforce.com inc (CRM)
Analyst Upgrades
- U.S. Steel (X) to buy from neutral and Barnes & Noble (BKS) to neutral from sell at Goldman.
- Salesforce.com (CRM) to buy from hold at Jefferies.
- Dollar Tree (DLTR) to overweight from equal weight at Barclays.
- Edison International (EIX) to hold from sell at Citigroup.
- Analog Devices (ADI) to overweight from neutral at JPMorgan.
Continue reading Analyst Calls: ADI, BKS, CMG, CRM, DANG, DLTR, FDO, LLTC, NFLX, X ...
Posted Jan 26th 2011 12:30PM by Eric Buscemi (RSS feed)
Filed under: Analyst Reports, Analyst Upgrades and Downgrades, Ciena Corp (CIEN), Corning Inc (GLW), Verizon Communications (VZ), Analyst Initiations, Marathon Oil (MRO)
Analyst upgrades:
- Verizon (VZ) to conviction buy from buy at Goldman.
- CSX (CSX) to outperform from market perform at Wells Fargo.
- AK Steel (AKS) to overweight from neutral, as well as Lorillard (LO) and Fifth Third Bancorp (FITB) to neutral from underweight, at JPMorgan.
- Marathon Oil (MRO) to overweight from equal weight at Morgan Stanley.
- Corning (GLW) to buy from outperform at CLSA.
- Quest Diagnostics (DGX) to buy from hold at Jefferies and to outperform from sector perform at RBC Capital.
- Salesforce.com (CRM) to buy from neutral at Roth Capital.
- Baker Hughes (BHI) to buy from hold at Weeden and to outperform from neutral at Macquarie.
- Western Digital (WDC) and Seagate (STX) to buy from underperform at BofA/Merrill.
Continue reading Analyst Calls: AKS, CIEN, CRM, CSX, DGX, GLW, LO, MRO, OXY, STX, VZ ...
Posted Jan 14th 2011 2:00PM by Joseph Lazzaro (RSS feed)
Filed under: salesforce.com inc (CRM)

If you didn't take some profits off the table in June or October with customer relationship software giant Salesforce.com (
CRM), which I first wrote about
on June 18, 2009 at a price of $40.16, it really makes sense to do so now.
Salesforce.com's stock continues rise almost as fast as a helium balloon: the stock has raced ahead this winter -- testing psychological resistance at $150, before pulling back slightly.
I'd also raise the sell/stop loss to $96 from $84 at this stage.
CRM's rise is being driven by strong demand for its products/services, with revenue likely to vault 25-30% in 2011, after a 21% surge in 2010.
Continue reading Has Salesforce.com Topped at $150?
Posted Jan 11th 2011 5:00PM by Sheldon Liber (RSS feed)
Filed under: Netflix, Inc. (NFLX), Serious Money, salesforce.com inc (CRM), Stocks to Sell

The
Tulip mania in Holland went on for seven years, supporting John Maynard Keynes commentary that "the market can remain irrational longer than you can remain solvent." This is one of my favorite stock market quotes, so forgive me if I repeat it too often. Although, I'm not sure that is possible when I watch Netflix, Inc. (
NFLX) stock price continue to soar.
The stock was up almost 5% yesterday, on a down day, closing at $187.88, with a P/E of 70.90 --
that's 71 years times earnings folks!
Is that sensible? Investors are saying who cares? And the analysts are supporting them. The fact that analysts have a horrible track record and that the stock is highly speculative has become irrelevant.
Continue reading Serious Money: Netflix and Tulips
Posted Jan 7th 2011 12:30PM by Tom Taulli (RSS feed)
Filed under: Forecasts, Deals, Competitive Strategy, salesforce.com inc (CRM)
While Salesforce.com (CRM) is the clear leader in cloud computing, the company still has serious competitive threats. In fact, the company is making some major changes -- with the goal of going to the next-level. Salesforce.com calls this "cloud 2.0."
A key to this strategy is acquisitions. Last year, Salesforce.com made six deals (they included Jigsaw, Sitemaster, Activa, Live Chat, Heroku and Etacts). And with a huge market cap and cash pile, Salesforce.com is certainly positioned nicely for more transactions in 2011.
Continue reading Salesforce.com Strikes a Deal for Dimdim
Posted Dec 17th 2010 2:30PM by Tom Taulli (RSS feed)
Filed under: Deals, Technology
Even before the phrase "cloud computing" became popular, Citrix Systems (CTXS) was a top player in the industry. Over the years, the company has developed sophisticated technologies to leverage the Internet to share applications and allow groups to collaborate.
After being stuck in a trading range for some time, this year the stock of Citrix got juiced up. A big help has certainly been the surge from the leader in cloud-computing, Salesforce.com (CRM).
Continue reading Citrix Goes Global with Deal for Netviewer
Posted Dec 8th 2010 2:00PM by Tom Taulli (RSS feed)
Filed under: salesforce.com inc (CRM)

With a market cap of nearly $20 billion and a price-to-earnings ratio at a nose bleed level of 267, it certainly makes a lot of sense for Salesforce.com (
CRM) to get aggressive with acquisitions. The company is sitting on a growing pile of cash and it needs to maintain its competitive edge – which gets increasingly difficult.
So this week, Saleforce.com
agreed to purchase Heroku for $212 million. Haven't heard of them? Well, in the programming community, it is a popular company. It is a cloud-computing provider for Ruby, which allows for the creation of web applications. This is done by creating a platform-as-a-service infrastructure.
Continue reading Salesforce.com Strikes a $212 Million Deal for Heroku
Posted Nov 19th 2010 1:30PM by Elizabeth Harrow (RSS feed)
Filed under: Major Movement, Earnings Reports, Analyst Upgrades and Downgrades, Forecasts, Technical Analysis, salesforce.com inc (CRM)

Salesforce.com (
CRM) is certainly enjoying a positive post-earnings reaction Friday. After unveiling its
third-quarter results last night, the stock sailed to a new all-time high as a slew of brokerage firms rushed to raise their price targets on CRM.
Specifically, CRM swung to a third-quarter profit of $21.1 million, or 15 cents per share, while revenue increased 30% to $429.1 million. Excluding items, CRM earned 32 cents per share. By contrast, analysts were looking for a quarterly profit of just 31 cents per share on revenue of $410.5 million.
Continue reading Salesforce.com Hits a New High After Earnings
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