Should You Invest In Salesforce.com?

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Should You Invest In Salesforce.com?

December 17, 2010 No Comments

Salesforce.com (NYSE: CRM: 138.59, 1.02) has seen some exceptional gains in the past few months. The stock has astoundingly gained $78.7, or 120.74 percent to $143.88 from the start of the current fiscal till today. Analysts have a one year price target on the stock of $155. In the last 52 weeks the stock has reached its all time high of $151.26. The big question in my mind is: is it worth investing in Salesforce.com at the current price level?