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Salesforce.com (CRM +1.5%) rallies after receiving a positive Barron's mention. The paper argues...

Salesforce.com (CRM +1.5%) rallies after receiving a positive Barron's mention. The paper argues Salesforce's Chatter software, which allows businesses to set up private social networks, is helping the company cross-sell its core sales automation software. Barron's also notes Salesforce's efforts to expand into the cloud HR, customer support, and social media marketing software markets. Chatter competes with software from JIVE and Yammer.
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Comments (2)
  • Doyle3000
    , contributor
    Comments (1637) | Send Message
     
    oh please, even when CRM doesn't get no-profit sales out of one of their products their enterprise value grows by $50mm. Could this stock be more hyped?
    2 Apr 2012, 12:14 PM Reply Like
  • NKP
    , contributor
    Comments (17) | Send Message
     
    The valuation is definitely justified now...
    2 Apr 2012, 12:39 PM Reply Like
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