Sell: Salesforce.com (CRM)
From Cabot Growth Investor
Updated from Wall Street’s Best Investments 775, November 18, 2015
Salesforce.com (CRM) dipped to support in the low 70s late last week (near its 200-day line), but, like the market, that only resulted in a minor bounce before the stock met with sellers today. It could still bounce, but given our loss and the stock’s lack of an overall uptrend, we’re cutting our loss. SELL.
Michael Cintolo, Cabot Growth Investor, www.cabot.net, 978-745-5532, January 13, 2016