Salesforce (CRM) Falls: Stock Goes Down 5.1% - Tale of the Tape

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Salesforce.com, Inc ( CRM ) saw a big move last session, as the company's shares fell over 5% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This continues the recent trend of the company, as the stock is now trading within the volatile price range of $49.1 to $57.1in the past one-month time frame.

This Software company has seen a flat track record when it comes to current year estimate revisions, as there has been no revision on either side over the past few weeks. The consensus for earnings hasn't been in a trend either. This recent price action is discouraging, so make sure to keep a close watch of this firm in the near future, and especially on earnings estimates following the recent slump.

CRM currently has a Zacks Rank #3 (Hold).


Some better-ranked stocks in the Computer Software indutry, you may instead consider some better-ranked stocks including Blackbaud Inc. ( BLKB ), Citrix Systems, Inc. ( CTXS ) and Manhattan Associates, Inc. ( MANH ). All these stocks hold a Zacks Rank #1 (Buy).

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BLACKBAUD INC (BLKB): Free Stock Analysis Report

SALESFORCE.COM (CRM): Free Stock Analysis Report

CITRIX SYS INC (CTXS): Free Stock Analysis Report

MANHATTAN ASOC (MANH): Free Stock Analysis Report

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.




This article appears in: Investing , Investing Ideas , Stocks

Referenced Stocks: BLKB , CRM , CTXS , MANH

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As of 5/29/2015, 09:31 AM


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