May 29, 2018 - 8:30 AM EDT
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Today's Research Reports on Trending Tickers: salesforce.com and BEST Inc.

NEW YORK, NY / ACCESSWIRE / May 29, 2018 / OPEC and major oil-producer Russia were considering an increase in supply, pressuring energy stocks lower. U.S. markets however posted weekly gains on Friday, buoyed by strong performance from the technology shares. The Dow Jones Industrial Average dropped 0.24 percent to close at 24,753.09, while the S&P 500 Index declined 0.24 percent to close at 2,721.33. The Nasdaq Composite Index increased 0.13 percent to close at 7,433.85. For the week, Dow and S&P gained a modest 0.2 percent and 0.3 percent respectively while Nasdaq closed with a strong gain of 1.1 percent.

“If the Saudis do lift oil production, that could be the news of the day. It may result in a weak patch for the energy sector, but for the broader market that could be offset by a rise in sentiment if it results in gas prices falling going into the summer driving season,” said John Augustine, chief investment officer at Huntington Private Bank.

RDI Initiates Coverage on:

salesforce.com, inc.
https://rdinvesting.com/news/?ticker=CRM

BEST Inc.
https://rdinvesting.com/news/?ticker=BSTI

salesforce.com's stock moved 0.61% Friday, to close the day at $127.96. The stock recorded a trading volume of 4,031,805 shares, which was below its three months average volume of 5,783,125 shares. In the last year, salesforce.com's shares have traded in a range of 83.55 - 131.00. The share price has gained 53.15% from its 52 week low. The company's shares are currently trading above their 200-day moving average. The stock's 50-day moving average of $124.17 is above its 200-day moving average of $114.75. Shares of the company are trading at a Price to Earnings ratio of 752.71. Shares of salesforce.com have gained roughly 6.44 percent in the past month and are up 25.17 percent year-to-date.

Access RDI's salesforce.com, inc. Research Report at:
https://rdinvesting.com/news/?ticker=CRM

On Friday, shares of BEST Inc. recorded a trading volume of 1,596,207 shares, which was above the three months average volume of 1,085,796 shares. The stock ended the day 4.37% higher at $11.70. The share price has fallen 11.7% from its 52-week high with a 52-week trading range of 8.08 - 13.25. The company's shares are currently trading above their 200-day moving average. The stock's 50-day moving average of $11.22 is above its 200-day moving average of $10.08. Shares of BEST Inc. have gained roughly 5.5 percent in the past month and are up 30.29 percent year-to-date.

Access RDI's BEST Inc. Research Report at:
https://rdinvesting.com/news/?ticker=BSTI

Our Actionable Research on salesforce.com, inc. (NYSE:CRM) and BEST Inc. (NYSE:BSTI) can be downloaded free of charge at Research Driven Investing.

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Disclaimer: This article is written by an independent contributor of RDInvesting.com and Nadia Noorani, a CFA® charter holder, has provided necessary guidance in preparing the document templates. RDInvesting.com is neither a registered broker dealer nor a registered investment advisor. For more information please read our full disclaimer at www.rdinvesting.com/disclaimer.

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SOURCE: RDInvesting.com


Source: ACCESSWIRE Investor Awareness (May 29, 2018 - 8:30 AM EDT)

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