Buy CRM or MSFT?
9/30/2024 07:25am
**Both Salesforce (CRM) and Microsoft (MSFT) have strong analyst ratings and price targets**, but they differ in their technical indicators and current price targets. Here's a comparison to help you decide:
1. **Analyst Consensus and Price Targets**:
- Salesforce has a "Buy" consensus rating from analysts with an average price target of $296.72.
- Microsoft also has a "Buy" consensus rating with an average price target of $499.
2. **Technical Indicators**:
- **Salesforce**:
- The MACD is positive at 5.17.
- The RSI is at 82.41, suggesting strong buying momentum.
- The KDJ is at 98.49, indicating potential overbought conditions.
- The stock is currently trading below its 5-Day, 10-Day, and 20-Day moving averages.
- **Microsoft**:
- The MACD is positive at 1.06.
- The RSI is at 45.81, suggesting the stock may be neither overbought nor oversold.
- The KDJ is at 2.95, also suggesting potential for growth.
- The stock is currently trading above its 5-Day and 10-Day moving averages but below its 20-Day moving average.
3. **Resistance and Support Levels**:
- **Salesforce**:
- The current support level is $275.06, and the resistance level is $277.84.
- **Microsoft**:
- The current support level is not available, and the resistance level is $499.
4. **Moving Averages**:
- **Salesforce**:
- The 50-Day moving average is $256.16, and the 200-Day moving average is $269.97.
- **Microsoft**:
- The 50-Day moving average is $272.23, and the 200-Day moving average is $265.85.
**Decision**:
- If you are looking for stocks with strong buying momentum and are willing to pay a premium for growth, Salesforce (CRM) might be the better choice due to its high RSI and KDJ indicators.
- If you prefer stocks with more moderate growth potential and are comfortable with the stock's current price being above its moving averages, Microsoft (MSFT) could be a good option.
Consider your investment goals, risk tolerance, and the specific characteristics you are looking for in a stock to make an informed decision.