Thank you yellen, reduce as much as you can the balance.
This is cheaper now, as compared to others. But, the downward trend can start anytime.
This stocks climb reminds me of Amazon breaking past $1000 so Jeff Bezos can say he was the richest man on the planet only to drop soon after. We may break $100 soon but Salesforce has many small competitors that are gaining share. It was noted during earnings that few large companies are customers and that Oracle, Microsoft can throw more money at moving existing customers to their new cloud platforms. Lets see how short lived $100 will be...GLTA.
This is the only place where trees grow to the sky...
Triple Beat=sell off in today's market? I don't get it.
Wow - am I the only one who thought earnings were really positive?
we hit 26% Y/Y sales growth, 30% adjusted Y/Y EBITDA growth and EPS that is well on the way to hitting FY-2018 targets and still people want more?
On a per-share basis, the San Francisco-based company said it had profit of 2 cents. Earnings, adjusted for one-time gains and costs, came to 33 cents per share. The results surpassed Wall Street expectations. ...
Oracle: 5,000 new warriors will join cloud fight with Salesforce
Oracle to hire 5,000 amid cloud fight with Salesforce
Oracle says it will add 5,000 new professionals for its cloud-based business at a time when its rivalry with Salesforce is heating up.
The beat was not good enough to justify the growth pe they enjoy. So maybe the company is not as great as they had hoped/thought?
Up Up Up Please
Such bull, incredible beat, great company and it's down? Piece of garbage Tesla would've been up 100 points. Ludicrous
Salesforce Chart Projects $100 Target Hours Before Report
At 50-60x next year's adjusted earnings, it takes more than a small beat to go up further. It's up 36% since 1/1. The big money bought already. imo The stock will match the growth of revenues 1-to-1 as long as the prospects seem the same (and margins behave). So far, they do. Salesforce is an amazing company but a boring stock nowadays. Investors already believe earnings will grow fast. And that's pretty certain to happen. It's big now. It will take some really big change to move this up or down a lot now. Buying on dips has been so successful that it just doesn't dip very much before buyers come in. In the long term, the price has risen almost as steadily as the revenues, and that's all I expect going forward.
great company Beat earnings what the hell is going on
I don't know why but I think this will open green tomorrow.
Going for the 52 week high
every options buyer will lose tomorrow...done.
Will open tomorrow under $90
PE 491. OMG this bubble is overdone. Dot Com II crash is coming.