|Bid||149.77 x 900|
|Ask||149.96 x 1100|
|Day's Range||149.48 - 151.98|
|52 Week Range||113.60 - 167.56|
|Beta (3Y Monthly)||1.09|
|PE Ratio (TTM)||102.40|
|Earnings Date||Aug 27, 2019 - Sep 3, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||182.77|
Salesforce.com Inc NYSE:CRMView full report here! Summary * Bearish sentiment is low Bearish sentimentShort interest | PositiveShort interest is extremely low for CRM with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting CRM. Money flowETF/Index ownership | NeutralETF activity is neutral. ETFs that hold CRM had net inflows of $5.80 billion over the last one-month. While these are not among the highest inflows of the last year, the rate of inflow is increasing. Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Technology sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to firstname.lastname@example.org.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
As the arms race among the software and cloud-computing giants accelerates, Citigroup outlines the next seven most likely M&A targets.
The deal comes as competitors such as Amazon, Google, and Microsoft are bundling programs to offer corporate clients broader services.
Twilio (NYSE:TWLO) stock is one of those names that draws a big "ugh!" from me when I look back over the long-term charts. Simply put, I had TWLO stock on the radar and let it fade away. Shares went from $30 to $90 in just a few months last year and that train has kept on moving.Some investors were wise enough to load up in the $20s, $30s and $40s after the post-IPO surge cooled down. I say wise because $90 was only a temporary top, with TWLO stock now another 50 points north of that.It brings up the all-too easy (and too familiar) question of, have investors missed their chance in Twilio stock?InvestorPlace - Stock Market News, Stock Advice & Trading Tips Evaluating Twilio StockThe short answer is no. But the higher we bid the stock, the more risk we take as future returns are diminished. No one wants more risk and less reward, right? That line of thinking is traditional and makes sense in most circumstances.For me, I don't mind paying up a premium for a stock that's proven itself. I'd rather pay a premium for TWLO stock at $50 as it was surging higher and had momentum in its business, than buy at $30 two years ago when it had uncertainty surrounding it. * 7 Stocks to Buy for the Coming Recession Twilio stock running from $50 to $100, then $100 to $150 is big, but realistic. However, buying today -- at $140 a share -- we can't expect TWLO to run to $280, then $420 so fast. So what now? Valuing TWLO StockThere's no other way to put it: Twilio stock is not cheap. But there are plenty of stocks that weren't cheap that went on to have stellar moves and make long-time investors wealthy. Three that come to mind are Amazon (NASDAQ:AMZN), Netflix (NASDAQ:NFLX) and Salesforce (NYSE:CRM).I'm not saying TWLO is necessarily the next one of those (these stocks might be), but with an almost-$19 billion market cap, there's still room for upside. For a company that's forecast to do $1.1 billion in sales this year, many investors will gag at the 16.3 times current revenue figure.Like I said, this name isn't cheap!But TWLO stock is turning profitable and while cash flows are not yet where I'd like to see them, the long-term trajectory is big for this company. Twilio's description reads, "Twilio Inc. provides a cloud communications platform that enables developers to build, scale, and operate communications within software applications."In other words, this cloud-based platform is a key cog in many companies' customer communications strategy. That includes Uber (NYSE:UBER), Lyft (NASDAQ:LYFT), Airbnb and Salesforce. Have you seen the growth rate for these companies and then considered what that means for TWLO?It's not just them, either. Coca-Cola Enterprises, Twitter (NYSE:TWTR), Nordstrom (NYSE:JWN), VMWare (NYSE:VMW), the American Red Cross, Yelp (NYSE:YELP), Twitch, Lululemon Athletica (NASDAQ:LULU) and more are all TWLO customers.Analysts predict 70% revenue growth this year, but "just" 34% growth to $1.48 billion next year. That's still solid growth, but the declining rate of growth could be something that stalls the stock at this valuation. Let's look at the charts to get a better idea of what's going on. Trading TWLO Click to EnlargeWhile the slowing revenue growth rate in 2020 is a concern of mine, keep in mind Twilio's still in fiscal Q2 of 2019. More immediately though, Twilio stock just offered 7 million shares at $124 in a secondary offering. So far, the stock has done an incredible job of absorbing this excess supply, along with the shaking off the market selloff in May. * 7 Dark Horse Stocks Winning the Race in 2019 That said, there have been some cracks showing. Through Q1, the 20-day moving average was support. In Q2 that support faded and the 50-day moving average had to buoy TWLO stock. And while almost everything was under pressure by the end of May, this mark had technically given way for Twilio.All this is to say that I don't know how much we can count on the moving averages should we get a pullback. Twilio stock has been riding a multi-month channel filled with higher highs and higher lows. We should consider channel support to be support until proven otherwise.If it fails though, we could get the correction that sidelined bulls have been hoping for. We nailed the breakout over $100 in January and in March said Twilio stock is a buy on essentially any type of pullback. While those have paid off, we need to use more discipline now.Recently, dips below $125 have been gobbled up, while aggressive bulls will be buying on tests of the 50-day and channel support. Below that we have the 38.2% retracement at $112.27 and the 50% retracement near $101. In between is the 200-day moving average. I would love a dip to this area to consider a long position in Twilio stock.Bret Kenwell is the manager and author of Future Blue Chips and is on Twitter @BretKenwell. As of this writing, Kenwell is long AMZN. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 High-Quality Cheap Stocks to Buy With $10 * 7 U.S. Stocks to Buy With Limited Trade War Exposure * 6 Growth Stocks That Could Be the Next Big Thing Compare Brokers The post For Investors Who Missed Their Chance, Hereas Where to Buy Twilio Stock appeared first on InvestorPlace.
SAN FRANCISCO, June 13, 2019 /PRNewswire/ -- Salesforce (CRM), the global leader in CRM, today announced that for the eleventh consecutive year, Gartner, Inc. has positioned Salesforce as a Leader in its Magic Quadrant for CRM Customer Engagement Center. Salesforce Service Cloud empowers service employees from the contact center to the field with innovative tools, AI-powered capabilities, and a complete view of the customer so they can deliver world-class customer service. "Expectations around customer service have never been higher and that's why we are constantly innovating on the world's #1 customer service platform," said Bill Patterson, EVP and GM, Service Cloud, Salesforce.
When looking for the best artificial intelligence stocks to buy, investors should expand their search to unexpected fields. Salesforce.com and Trade Desk are among AI stocks on IBD's radar.
SAN FRANCISCO, June 13, 2019 /PRNewswire/ -- Salesforce (CRM), the global leader in CRM, and United Way Worldwide, the world's largest privately funded nonprofit, today announced a new volunteering capability for Salesforce.org Philanthropy Cloud that allows employees to volunteer and connect with the causes they care about. Salesforce and United Way are also announcing Deloitte and Kellogg Company as customers, leveraging Salesforce.org Philanthropy Cloud to provide a seamless and transparent giving and volunteering experience for their personnel.
Undoubtedly, Shopify (NYSE:SHOP) is the gift that keeps on giving. Despite serious reservations on both the fundamental and technical ends, the shares continues to defy gravity, with SHOP stock up 160% since the markets' December nadir.I'm honestly at a loss for words. The enthusiasm surrounding the e-commerce specialist has reached magnitudes not seen since the last cryptocurrency run.I must admit that I take this matter personally. Although I don't have any skin in the game, I recommended in mid May that InvestorPlace readers sell their Shopify stock. Since then, shares have gained slightly over 22%. That's just bonkers.InvestorPlace - Stock Market News, Stock Advice & Trading TipsAlthough I acknowledged Shopify's several key attributes -- including the ability for small-business owners to close the gap with their larger counterparts -- I brought in critical context. Certainly, SHOP stock has benefited substantially from the underlying company's meteoric growth rate. However, that growth comes from the low-hanging fruit of poor-quality businesses. * 7 Dark Horse Stocks Winning the Race in 2019 I argued that Shopify doesn't want to disclose its churn rate because it would cloud the sustainability of that growth. Of course, the problem for me is that none of my points mattered. Shopify stock charges forward. To be sure, it's not the first time that I've been wrong about this firebrand.Some strong fundamental news suggests that we'll soon see another leg up in SHOP stock. Having "conquered" the business-to-consumer (B2C) world, SHOP has eyes set on the business-to-business (B2B) model.The shifting priority makes perfect sense. Although B2C attracts headlines, thanks to companies like Amazon (NASDAQ:AMZN), it's a saturated and mature segment. On the other hand, B2B features untapped potential. We're talking about a U.S. market worth $1 trillion, which would be a game changer for a company that has barely cracked $1 billion in annual sales. Flaws Starting to Catch Up with SHOP stockGiven my lack of success calling Shopify stock, I'm not exactly looking forward to putting myself out there again. But despite what must sound like a broken record at this point, I'm still hesitant on the company.First, SHOP is in the retail business. While it has created a platform that allows small businesses to flourish, most of them are probably not successful there. Otherwise, why hide the churn?Further, Shopify isn't really unique nor does it have a moat. The power of SHOP stock lies in the company's brand name. But having a solid brand doesn't protect you from disruption. As a result, Shopify must demonstrate financial viability. The problem of course is that net-income losses are widening.Second, the growth picture for SHOP stock is mathematically showing signs of weakness. For example, in 2015 and 2016, Shopify's year-over-year quarterly revenue growth averaged 93%. Over the last eight quarters, that vaunted growth slowed to 64%. Sure, it's still lofty, but it's a marked decline from prior highs.More critically, that rate has consistently eroded while Shopify stock collected investor sentiment and dollars. Based on this trend, quarterly revenues will soon peak, and eventually flatline.Using sales data from the first quarter of 2015, I extrapolated revenue out to Q4 2020. The forecast isn't pretty, calling for a 27.4% growth rate. Nominally, revenue would be just under $622 million.Click to EnlargeOf course, data extrapolation isn't a perfect means to forecast future revenues. The results come from pure math. Obviously, they don't account for variables such as product launches, management changes, and political factors. * 7 Stocks to Buy As They Hit 52-Week Lows At the same time, SHOP has had ample opportunities to change their revenue-growth curve. But quarter after quarter, year after year, they keep sliding. The extrapolation merely reflects this established, negative trend. B2B Shift a Possible Sign of DesperationI'm sure management understands this. They have far better data, as well as a superior grasp on their business environment. Yet I'd bet that the result is still roughly the same: declining growth leading to peaking sales.Therefore, I don't view the B2B transition as a positive, but rather, a desperation move. Eventually, investors will want to see substantive results from SHOP stock. Currently, Shopify isn't getting those results from their B2C business, and they're unlikely to do so.But transitioning to B2B? I doubt that lightning strikes twice. Along with Amazon, SHOP must go up against powerhouse Alphabet (NASDAQ:GOOGL). Even Salesforce (NYSE:CRM) and Adobe (NASDAQ:ADBE) are getting into the game.This immediately tells me that B2B is whole different animal. Success requires not just a brand but substance to back it up. SHOP would essentially take a knife into a machine-gun fight. And that's why I'm cautious on Shopify stock, even if I was wrong before.As of this writing, Josh Enomoto did not hold a position in any of the aforementioned securities. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 Stocks to Buy for the Coming Recession * 10 Smart Dividend Stocks for the Rest of the Year * 5 Tech Stocks That Are Far Too Risky Right Now Compare Brokers The post Still Resilient, Shopify Stock Is Still a Sell appeared first on InvestorPlace.
Spotting a bottom in a stock isn't always easy, Jim Cramer told his Mad Money viewers Wednesday. There is a big difference between a value stock and a value trap, Cramer said, and knowing the difference is vital to your portfolio. Investors feared the high price and all-stock nature of the deal would dilute existing shareholders, but Cramer reminded viewers we've seen this scenario before and Salesforce has a long history of creating value.
A prominent research firm came out today and cut numbers for FedEx, and lowered its price target. To me that's a file away -- meaning that the worst may at least be over at FedEx, and the stock's now able to bounce on bad news.
When growth stocks break out, then pull back all the way to the correct buy point, should you bail? Is the stock a dud? Not always. A base on base may form.
In an eventful week, Microsoft packed in an Oracle deal, faced an EU judgement on Skype, criticized a GCHQ suggestion on privacy/security and also announced interesting product news.
Tableau agreed to sell itself to Salesforce for more than $15 billion, and its engineers can't "wait to pop the hood" to discover what it can start selling to its customer base, Selipsky said during Cramer's "Mad Money" show Tuesday. Once Salesforce's acquisition of Tableau is finalized, it will create "magic" with a "ton of possibilities," Selipsky said.
Hibbett, Texas Roadhouse, Salesforce, Tableau and Google highlighted as Zacks Bull and Bear of the Day
Oracle (ORCL) updates Retail suite of cloud-based services with Size Profile Science, in a bid to expand retail customer base.
Two hefty acquisitions by Google parent Alphabet and Salesforce in the exploding arena of Big Data appear to be expensive moves to shore up their competitive stances against an older but wiser software behemoth.
The takeover will mark Salesforce’s largest deal to date, according to data compiled by Bloomberg. Co-Chief Executive Officers Marc Benioff and Keith Block have been chasing new markets to reach an annual revenue goal of as much as $28 billion by fiscal 2023. Benioff has helped Salesforce increase revenue at a rapid clip by acquiring more than 60 companies in 20 years.
Salesforce.com Inc. on Wednesday issued a series of "corrections" around the forecast it issued for its recently announced acquisition of Tableau Software Inc. . The company said it expects the deal to reduce fiscal 2020 adjusted earnings per share by 20 cents to 22 cents, rather than the 37 cents to 39 cents that Salesforce told investors to expect at the time of the deal announcement. Salesforce now expects fiscal 2020 adjusted EPS of $2.68 to $2.70, not $2.51 to $2.53. The new estimates reflect a fully diluted share count of about 840 million, instead of 900 million. Salesforce shares are up 0.5% in premarket trading Wednesday and they've climbed 10% so far this year, as the S&P 500 has gained 15%.