Report
Rodney Nelson
EUR 147.86 For Business Accounts Only

Salesforce Can Window Shop, but a Twitter Deal Seems Unlikely (For Now); Shares Look Attractive

We attended Salesforce.com CEO Mark Benioff’s keynote and analyst question and answer session during day two of Dreamforce, and we came away with a better sense of how the company is handling its mergers and acquisitions pipeline and long-term strategy. Once again, the prospect of a potential Twitter acquisition was top of mind, and while Benioff danced around the subject, we believe both Salesforce’s management and board will maintain prudence when evaluating M&A, and we remain skeptical th...
Underlying
Salesforce.com inc.

Salesforce.Com is engaged in customer relationship management technology. The company's Customer 360 is an integrated platform that unites sales, service, marketing, commerce, integration, analytics and more to give companies a single, shared view of their customers. Through its platform and other developer tools, the company also enables third parties to develop additional functionality and applications, or apps, that run on its platform, which are sold separately from or in conjunction with the company's service offerings. The company's cloud service offerings include sales cloud, service cloud, marketing and commerce cloud, and salesforce platform and other.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Rodney Nelson

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