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Today is Tuesday August 30, 2016
Salesforce reports earnings Wednesday August 31st after the bell
The ticker symbol is CRM.
It hasn’t missed earnings in 7 years.
The stock has gone up after the past 6 earning reports
The stock has underperformed this year
The 52 week low is $52.60
The 52 week high is $84.48
The stock closed today at $79.83
The average price target is $96.74
That’s 21% higher than today’s close.
Salesforce is a great play on the cloud
It’s also a terrific mobile play
Salesforce will probably save any huge announcements
for it’s annual Dreamforce event
which is held every October
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