|Day Low/High||130.13 / 132.48|
|52 Wk Low/High||101.32 / 161.19|
There are some solid individual names in tech, but traders must be selective.
The Menlo Park, California-based social media giant slid 1.58% on the day to $137.42 per share, far below the company's near $220 highs less than five months ago.
Recent earnings reports from several major software firms suggest business trends remain pretty good for the group.
As far as fiscal policy... yeah, that's still unsustainable. No change there.
Here are 4 stocks that can be bought into the stock cyclone that might occur if things don't go the bulls way in the Argentine.
Salesforce could become the fastest enterprise software company in history to cross the $16 billion threshold.
Now, though, we have the G-20 and this is a much tougher one.
One analyst said he forecasts MuleSoft's business to double as a percent of Salesforce's revenue in five years.
Secular demand is sending software stocks like Salesforce cloud-bound.
Salesforce has some very positive analyst comments this morning.
The principal risks to the shares are a downturn in IT spending, execution challenges and acquisition integration risks.
Don't expect a dip today from shares of this cloud king as shorts will be anxious to cover.
Co-CEO Keith Block says the cloud computing giant is seeing "incredible customer demand" for its products and services.
I have been asked to comment on Salesforce.com , Real Money's 'Stock of the Day'. Salesforce's fiscal third quarter was exceptional - with accelerating organic growth (billings +23%, compared to +14% consensus, and nominal growth of +27% vs. +19% c...
The formula for a market rally from here is easy to see.
There were some bounces in retail and some strength in solar energy, but FAANG names struggled on Tuesday.
The market has become so pessimistic, CRM has set the bar low enough to get a small relief rally this week.
Billings growth, international growth and the performance of Salesforce's product segments are among the things to watch as the world's biggest CRM software firm reports.
Never confuse a bounce with a sustained move.
CRM stock could try the upside with our without a retest of the recent low.
I am still not buying as I do not believe that we have seen the full erosion in equity market valuations from higher interest rates.
How hated do stocks have to be before they are too hated?
Attempts to rally have failed, with the data center's supposed weakness at the heart of it.
We are all struggling to figure out when this rout ends.
The never-ending strength now seen in the dollar is causing the most pain in U.S. markets.
Twilio rises as high as the clouds on Wednesday.
They might be the best tech stocks to own going from now until the end of the year.
Twilio bulls are feeling vindicated on Wednesday morning.