Please ensure Javascript is enabled for purposes of website accessibility

1 Million Reasons Shorting Salesforce Stock Is More Dangerous Now

By Tim Beyers and Erin Miller - Apr 9, 2013 at 6:54PM

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

Developers continue to flock to its platform.

In what might be characterized as a celebration of 1 million developers using its platform for hosting Web-based software, (CRM -1.10%) announced new software development packages meant to broaden its appeal for apps targeted at mobile devices.

Executives will tout the new SDK, which supports iOS and Android as well as HTML5 for pure Web apps, during a 37-city tour. Salesforce stock fell slightly following the news as Rackspace Hosting (RAX) pitched similar mobile "stacks" to help developers create and deploy apps quickly.

Both efforts have merit, Tim Beyers of Motley Fool Rule Breakers and Motley Fool Supernova says in the following interview with The Motley Fool's Erin Miller. At the very least, Tim says, those shorting Salesforce stock need to be watching how developers take to the new SDK. Their returns (or lack thereof) depend upon it.

Please watch this short video to get Tim's full take, and then leave a comment to let us know whether you believe Salesforce stock is a buy, sell, or short right now.

Invest Smarter with The Motley Fool

Join Over 1 Million Premium Members Receiving…

  • New Stock Picks Each Month
  • Detailed Analysis of Companies
  • Model Portfolios
  • Live Streaming During Market Hours
  • And Much More
Get Started Now

Stocks Mentioned, inc. Stock Quote, inc.
$155.60 (-1.10%) $-1.73
Rackspace Hosting, Inc. Stock Quote
Rackspace Hosting, Inc.

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

Related Articles

Motley Fool Returns

Motley Fool Stock Advisor

Market-beating stocks from our award-winning service.

Stock Advisor Returns
S&P 500 Returns

Calculated by average return of all stock recommendations since inception of the Stock Advisor service in February of 2002. Returns as of 05/19/2022.

Discounted offers are only available to new members. Stock Advisor list price is $199 per year.

Premium Investing Services

Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services.