The Best (And Worst) Third-Quarter Technology Vendor Stocks


Salesforce.com

CEO: Marc Benioff

June 28, 2013: $38.18
Sept. 30, 2013: $51.91
Change: 36.0%

Salesforce.com, which completed a 4-for-1 stock split in April, watched the value of its shares soar in the third calendar quarter as the company continued its breakneck growth. For its second fiscal quarter ended July 31, the company reported 31 percent revenue growth to $947 million.

Last month, Salesforce said it's running a private beta for Salesforce Files, the cloud-synching service it previewed at last year's Dreamforce under the name "Chatterbox."

The cloud service company also continued staffing up with recruits from arch-rival Oracle. In September, Salesforce hired longtime Oracle executive Anthony Fernicola as president of global enterprise sales.

 



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