Salesforce.com (CRM) , a holding of Jim Cramer's charitable trust portfolio, ActionAlertsPLUS, was added to the Wedbush Best Idea List based on, "MuleSoft traction, ample room for upside, and valuation."
This is in line with the view of of ActionAlertsPlus, who have owned the stock since June. In the exclusive ActionAlertsPLUS Members Only Call Senior Portfolio Analyst, Jeff Marks, said, "it was a very expensive deal, but the way I read it, it fit seamlessly with what Saleforce's mission is. It's accelerating their business transformation."
The stock is up over up 3% today (as of the time of this publication) on the report from Wedbush.