Salesforce
Long
Updated

Buy $CRM - NRPicks 07 Mar

132
Salesforce.com, inc. develops enterprise cloud computing solutions with a focus on managing customer relationships around the world.

Last week announced quarterly results that exceeded expectations, producing revenue growth to keep the company at the pace of CEO Marc Benioff's goal of 35B by 2024.
Salesforce generates healthy free cash flow, more than 19% free cash flow margin last year, even when Benioff and the company increased spending during the pandemic.

Technical:
Low levels of RSI- Oversold
Price below MA20,MA50,MA100 andMA200
Trade closed manually
26 Abr

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