Salesforce is a US cloud-based software company headquartered in San Francisco, California. It provides customer relationship management software, applications focused on sales, customer services, marketing automation, e-commerce, and analytical services.
The seasonals for Salesforce are particularly strong around this time of the year. From August 8 through to September 18 the company’s shares have risen 80% of the time for an average return of nearly 5%. Will these strong seasonals play out again this year?
Major Trade Risks: Previous seasonal patterns do not necessarily repeat themselves each year and unexpected stock news for Salesforce could send share prices lower.
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