Salesforce (CRM) Offering Possible 27.39% Return Over the Next 28 Calendar Days

Salesforce's most recent trend suggests a bullish bias. One trading opportunity on Salesforce is a Bull Put Spread using a strike $185.00 short put and a strike $175.00 long put offers a potential 27.39% return on risk over the next 28 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $185.00 by expiration. The full premium credit of $2.15 would be kept by the premium seller. The risk of $7.85 would be incurred if the stock dropped below the $175.00 long put strike price.

The 5-day moving average is moving up which suggests that the short-term momentum for Salesforce is bullish and the probability of a rise in share price is higher if the stock starts trending.

The 20-day moving average is moving up which suggests that the medium-term momentum for Salesforce is bullish.

The RSI indicator is at 70.4 level which suggests that the stock is neither overbought nor oversold at this time.

To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here


LATEST NEWS for Salesforce

Salesforce.com (CRM) Outpaces Stock Market Gains: What You Should Know
Wed, 19 Feb 2020 22:45:10 +0000
In the latest trading session, Salesforce.com (CRM) closed at $192.87, marking a +0.93% move from the previous day.

Salesforce just added another exec to its C-suite. It's a new role for the company.
Wed, 19 Feb 2020 21:52:04 +0000
Salesforce is adding a chief design officer to its C-suite, joining an emerging movement at Fortune 500 companies to emphasize design as part of a company's strategy, the San Francisco Business Times has learned. The company has disclosed Justin Maguire III's appointment internally, but no public announcement has been made. Maguire and Salesforce President and Chief Operating Officer Bret Taylor are fine-tuning the duties and responsibilities of the new role, which they have been working on for the past six months.

Why Salesforce Is This Firm's Best Idea
Wed, 19 Feb 2020 15:27:45 +0000
Shares of customer relationship software vendor salesforce.com, inc. (NYSE: CRM ) look attractive at current levels, according to Wedbush. The Salesforce Analyst Steven Koenig maintained an Outperform …

Artificial Intelligence Stocks To Buy And Watch Amid Rising AI Competition
Wed, 19 Feb 2020 14:00:48 +0000
When looking for the best artificial intelligence stocks to buy, investors should expand their search to unexpected fields. Salesforce.com and Trade Desk are among AI stocks on IBD's radar.

Fortune's picks for best companies to work for include these 14 Bay Area businesses
Tue, 18 Feb 2020 23:09:02 +0000
The 14 big Bay Area companies that ranked among Fortune's best places to work included at least two that boasted of having a workforce of either more than 50 percent women or minorities.

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