CNN Says Salesforce.com (CRM) Is A Stock To be Watched In 2010

CNN gave its top 10 picks for 2010. Here’s a report.

CNN picked Salesforce.com, Inc. (NYSE: CRM)(FREE stock trend analysis) as one of the top 10 stocks to be watched out for in 2010.

CNN has noted that Salesforce.com is the most visible “software as a service” (SaaS) provider and has added 4,700 new customers during the last quarter.

Analysts feel that it is able to compete against companies like Oracle (NASDAQ: ORCL)(FREE stock trend analysis), Microsoft (NASDAQ: MSFT)(FREE stock trend analysis) and SAP AG (ADR) (NYSE: SAP)(FREE stock trend analysis) due to its affordable pricing and that its product are considered appealing and easy to use. The stock is currently trading at $62.74.