Salesforce.com
CRM
Delayed Nyse - 06/19 10:01:10 pm
139.52USD
-0.2%

The underlying trend is to the upside

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Anas Lozach
Analyst

Strategy published on : 03/08/2018 | 14:16

long trade
Stop-loss triggered

Entry price : 125.7$
Target : 142$
Stop-loss : 116.99$
Potential : 12.97%

Shares in Salesforce.com do not show any sign of a slowdown in the ascending dynamic. Investors could bet on a continuation of the underlying trend.
Investors have an opportunity to buy the stock and target the $ 142.

Summary

● The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria.

● In a short-term perspective, the company has interesting fundamentals.


Strengths

● The prospective high growth for the next fiscal years is among the main assets of the company

● Thanks to a sound financial situation, the firm has significant leeway for investment.

● Historically, the company has been releasing figures that are above expectations.

● Over the last twelve months, the sales forecast has been frequently revised upwards.

● For the last week, the earnings per share forecast has been revised upwards. According to recent estimates, analysts give a positive overview of the stock

● For several months, analysts have been revising their EPS estimates roughly upwards.

● For the past year, analysts covering the stock have been revising their EPS expectations upwards in a significant manner.

● Analysts have a positive opinion on this stock. Average consensus recommends overweighting or purchasing the stock.

● The tendency within the weekly time frame is positive above the technical support level at 102.23 USD


Weaknesses

● Stock prices approach a strong long-term resistance in weekly data at USD 128.87.

● Technically, the stock approaches a strong medium-term resistance at USD 128.08.

● Based on current prices, the company has particularly high valuation levels.

● The company's valuation in terms of earnings multiples is rather high. Indeed, the firm is getting paid 204.62 times its estimated earnings per share for the ongoing year.

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