Salesforce.com Inc. (CRM): Today's Featured Computer Software & Services Loser
The
industry closed the day down 1.9%.
Interactive Intelligence Group Inc
(
),
(
),
Kingtone Wirelessinfo Solution
(
), and
(
) were all decliners today within the computer software & services industry with
(
) being today's featured computer software & services loser. Salesforce.com Inc fell $2.97 (-2.2%) to $129.56 on light volume. Throughout the day, 2.1 million shares of Salesforce.com Inc exchanged hands as compared to its average daily volume of three million shares.
salesforce.com, inc. provides customer and collaboration relationship management (CRM) services to various businesses and industries worldwide. It also offers a technology platform for customers and developers to build and run business applications. Salesforce.com Inc has a market cap of $17.5 billion and is part of the
sector. The company has a P/E ratio of 646.5, below the average computer software & services industry P/E ratio of 680.5 and above the S&P 500 P/E ratio of 17.7. Shares are up 0.4% year to date as of the close of trading on Monday.
TheStreet Ratings rates Salesforce.com as a
. The company's strengths can be seen in multiple areas, such as its robust revenue growth, good cash flow from operations and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and feeble growth in the company's earnings per share.
- You can view the full Salesforce.com Ratings Report.
On the positive front,
(
),
(
),
(
), and
(
) were all gainers within the computer software & services industry with
(
) being today's featured computer software & services industry winner.
- Use our computer software & services section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the computer software & services industry could consider
iShares S&P NA Tech Software Idx
(
) while those bearish on the computer software & services industry could consider
ProShares Ultra Short Technology
(
).
- Find other investment ideas from our top rated ETFs lists.
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