Hot Stocks – IBM (NYSE:IBM), salesforce.com (NYSE:CRM), Cisco Systems (NASDAQ:CSCO), Microsoft Corporation (NASDAQ:MSFT)


Brower Piven, A Professional Corporation announces that a class action lawsuit has been commenced in the United States District Court for the Southern District of New York on behalf of purchasers of International Business Machines Corporation (“IBM” or the “Company”) (NYSE: IBM) common stock during the period between June 25, 2013 and October 16, 2013, inclusive (the “Class Period”). Shares of International Business Machines Corp. (NYSE:IBM) closed at $ 186.00 in last trading session. Yesterday share price of the company was traded in the range of $185.30 to $187.35. Company now has a market value of $201.97billion. International Business Machines Corp. (NYSE:IBM) price to sales ratio in past twelve months was calculated as 2.00 and price to cash ratio as 19.83.

Salesforce.com (NYSE: CRM), the world’s #1 CRM platform, today announced the Salesforce1 World Tour, which will kick off in New York City on Jan. 8 at the New York Hilton Midtown. Salesforce.com Chairman and CEO Marc Benioff will keynote the inaugural tour event and deliver the vision for Salesforce1, the new social, mobile, and cloud customer platform built to transform how companies sell, service and market for the Internet of Customers. Tune into Salesforce Live (salesforce.com/live) on Jan. 8 at 12:30 p.m. ET to watch the keynote. salesforce.com, Inc. (NYSE:CRM) stock traded in the range of $54.03 – $55.24and at the end of the day, it closed at $54.23. Average trading volume of the company is $2.56M. salesforce.com, Inc. (NYSE:CRM) return on equity ratio is recorded as -5.20% and its return on assets is -1.90%.

The Internet of everything will take centre stage when Cisco Systems chief executive John Chambers gives his keynote address on 7 January at the Consumer Electronics Show 2014. Cisco Systems, Inc. (NASDAQ:CSCO) after opening at $21.96, moved up 0.14% to $22.01 on last trading day. Company’s 52 week range is $19.98 – $26.49.

Microsoft Corp. (NASDAQ:MSFT)‘s stock had its “buy” rating reiterated by investment analysts at TheStreet in a note issued to investors on Monday, ARN reports. Microsoft Corporation (NASDAQ:MSFT) stock hit highest price at $36.13, beginning with a price of $36.85 and decreased -2.11% to the close at $36.13 with day range of $36.11 – $36.89. The total market capitalization of the stock is $301.61 billion.


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