Launch of “Salesforce for Google AdWords” Demonstrates the Power of AppExchange [View article]
Saleforce.com may indeed be able to grow the top line as fast or faster than forecasted but that still does not bode well for the stock price. At more than 50x free cash flow, this stock is a dog. Combined with the trailing PE of 210, and near free-for-all insider selling, it looks like a dot-com bubble stock from a bygone era. Maybe its a great company but the stock is a clear sell, maybe even a short.
Launch of “Salesforce for Google AdWords” Demonstrates the Power of AppExchange [View article]