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Is The Market's Optimism About Salesforce.com Justified?

Salesforce.com (NYSE: CRM) reported good fiscal 2015 results that showed the company's full-year revenue had reached the $5 billion mark for the first time in its history. The company finished the year with revenue of $5.37 billion, up 32% year-on-year. This led to a flurry of notable upgrades by leading Wall Street analysts whose love affair with the CRM giant had started running cold. Prior to 2014, Salesforce had for many years been Wall Street's darling, which was enamored by the company's impressive topline growth. Salesforce managed to grow at an average 35% annual clip over a period of six uninterrupted years, which gelled well with its image as a disruptor of old-line software companies such as Microsoft (NASDAQ: MSFT) and Oracle(NYSE: ORCL). Read more