Tuesday, August 6, 2019

Salesforce bought over Tableau, sold Salesforce

My Tableau shares have been converted to Salesforce.
There was profit of around USD 800.
I sold Salesforce, as I do not like the valuation.
Their sales was growing yearly, around $14 (LY) to $17(TY).
But their PE ratio was around 95.
Also a good time to load up on cash, as markets have been crashing this few days.
May be good, as many predict a stock market crash next year.

Did not like the purchase price.
Might consider if it is around $120.


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