Information Provided By:
Fly News Breaks for January 2, 2019
PRO, CRM
Jan 2, 2019 | 08:02 EDT
Nomura Instinet analyst Christopher Eberle names Salesforce (CRM) his top large-cap Software idea in 2019. The company's continued share gains, "breadth and depth" of products, recurring revenue model, and strategic value to its customers make it a core long-term holding in the Software space, Eberle tells investors in a research note. The analyst also names ProsHoldings (PROS) his top small-cap idea in 2019. The company's five-year business transformation sets it up for "solid" recurring revenue growth and free cash flow improvement, contends Eberle.