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Salesforce.com, Equinix among names on tech Focus List at FBN Securities

FB Securities named Salesforce.com (CRM) as its top pick, as the firm expects the company to become the top player in CRM and it thinks the company's normalized billings growth is strong. Other companies on FBN's Focus List include Equinix (EQIX), which the firm sees as a strong play on Internet traffic growth and ServiceNow (NOW), which the firm thinks has very strong visibility and a strong PaaS opportunity. Also on the list are Palo Alto (PANW), which the firm thinks is gaining significant share in security appliances and Cisco (CSCO), which the firm thinks should benefit from data center and wireless strength.