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.
), Citrix Systems, Inc.
) and Manhattan Associates, Inc.
). All these stocks hold a Zacks Rank #1 (Buy).
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days
. Click to get this free report >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free reportBLACKBAUD INC (BLKB): Free Stock Analysis ReportSALESFORCE.COM (CRM): Free Stock Analysis ReportCITRIX SYS INC (CTXS): Free Stock Analysis ReportMANHATTAN ASOC (MANH): Free Stock Analysis ReportTo read this article on Zacks.com click here.