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4 Stocks Pushing The Technology Sector Higher

2. As of noon trading, Salesforce.com ( CRM) is up $3.48 (1.9%) to $185.48 on average volume Thus far, 1.1 million shares of Salesforce.com exchanged hands as compared to its average daily volume of 1.5 million shares. The stock has ranged in price between $181.48-$185.93 after having opened the day at $182.31 as compared to the previous trading day's close of $182.00.

salesforce.com, inc provides cloud computing and social enterprise solutions to various businesses and industries worldwide. The company delivers customer relationship management applications through Internet or cloud. Salesforce.com has a market cap of $24.8 billion and is part of the computer software & services industry. The company has a P/E ratio of 103.8, above the S&P 500 P/E ratio of 17.7. Shares are up 0.7% year to date as of the close of trading on Friday. Currently there are 27 analysts that rate Salesforce.com a buy, 2 analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Salesforce.com as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and weak operating cash flow. Get the full Salesforce.com Ratings Report now.

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