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Salesforce.com (CRM) Moving Downward – Hits Predicted Tweaker Range

|Includes:Salesforce.com, Inc. (CRM)
Salesforce.com (NYSE:CRM) has spent the last year moving downward toward the Tweaker, "True Value Range."

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Earlier this year during our visit to TechCrunch Disrupt (Sept. 12th-14th) we held an online contest with 20 popular stocks. Back then, our entire Tweaker Community expressed a negative bias on Salesforce (CRM) with everyone shorting the stock at $123-$130.

Some possible reasons for shorting: Billings slowed to under 30% in the latest quarter from expectations in the mid-30s. This is worrisome as rapid growth in revenue has been the lever that has supported CRM’s huge market capitalization despite low earnings and cash flow growth.



Stocks: CRM