Exactly as the title states – what are your thoughts on CRM? I've been eyeballing this one on my list for some time but wanted to get some insight or counter-arguments as to why you wouldn't put your money on Salesforce.
I'm liking their low debt-to-equity (0.23), free cash flow (6.4B), and growth prospects. Margins seem fine here. Personally, I've used their software at work and, while I have never been too impressed, I know enterprises buy the shit out of their offerings (maybe due to killer sales staff?).
I'm a bit hung up on the PE however as it seems crazy high. That being said, I'm assuming this is justified given their guidance and growth prospects. I would like for this one to move down a bit before opening a small position and DCA'ing my way in but just wanted to see what others thought about this stock and if you think this would be worth the time.
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