7 Reasons Why I Like Salesforce Stock At The Close Nov 19 2014

Nov 19, 2014 | Salesforce Stock (CRM), Trade Alerts and Ideas

One stock that I have watched on and off for 8 years and traded in randomly is Salesforce stock. The company trades under the symbol CRM. A lot of investors do not understand this company. It is without doubt the leader in customer relation management software abbreviated as CRM. They are also the leader in cloud based CRM. This company is sort of like a phone company with a twist. Rather than the customer paying a monthly subscriber fee and basically getting communications access, with Salesforce software and cloud service, subscribers can literally take any size business and turn it into a profit oriented company with its focus on handling their customers’ needs from anywhere in the world.

With Salesforce, subscribers both big and small pay a monthly fee, but in return they are given the very best customer relation management software available. Their monthly fees range from $5.00 to $300 and all information is stored securely in the Salesforce cloud. This allows businesses anywhere in the world to access client data, and either individually or collaboratively they are able to handle quotes, select and send pricing, prepare proposals, invoice, manage inventory, send emails, communiques, newsletters, faxes and much more. It is an end-all, one-stop cloud for handling anything and everything to do with staying in touch with customers. The number of subscribers to Salesforce cloud continues to grow both at home and worldwide.

For many years before I retired I worked for a company that used customer relation management software to datamine clients. The results always impressed me, but before retiring I had a chance to see Salesforce and back then it was already impressive. I have followed their success for many years since retiring and enjoy reading about the company and its changes. It is an innovative company that knows how to provide a one-stop solution to its customers while at the same time datamine their own customer database.

Here are 7 reasons why I like Salesforce Stock and my trade ideas for Thursday.

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7 Reasons Why I Like Salesforce Stock At The Close Nov 19 2014

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Disclaimer: There are risks involved in all investment strategies and investors can and do lose capital. Trade at your own risk. Stocks, options and investing are risky and can result in considerable losses. None of the strategies, stocks or information discussed and presented are financial or trading advice or recommendations. Everything presented and discussed are the author’s own trade ideas and opinions which the author may or may not enter into. The author assumes no liability for topics, ideas, errors, omissions, content and external links and trades done or not done. The author may or may not enter the trades mentioned. Some positions in mentioned stocks may already be held or are being adjusted.