This Stock is Soaring

Today, we’re looking at a company making it easier to manage clients…

Regular readers know we love investing in “picks and shovels” businesses. These companies provide the products and services that support broad industries and trends… The whole field depends on them. And that lowers your investing risk.

Today, we can see this playing out with software giant Salesforce.com (CRM)

Salesforce.com is a cloud-computing giant, with a market cap of around $100 billion.

The company provides software for customer-relationship management.

As companies grow, keeping track of their customers can be challenging.

Salesforce.com’s platform makes it easier.

Agents can access their clients’ accounts from the cloud – anywhere, anytime. And businesses are turning to Salesforce.com at an incredible rate… First-quarter sales are up about 25% year over year.

As you can see below, Salesforce.com is soaring. Shares are up almost 50% over the past 12 months, and they just hit a new all-time high. As Salesforce.com continues to grow at this rapid pace, its shares should continue to rise…

Claim a 100% Risk-Free Trial to DailyWealth Trader... [sponsor]
For a limited time, get immediate access to "the best of" Stansberry Research's trading ideas. As one reader said: "I am 11 for 11 so far... in less than 2 months." Learn more here.

Source: Daily Wealth’s Market Notes