Savoie raises price target on Deckers

Based on the amazing Q3 earnings and positive outlook and given the fact that November and December are the best months for Deckers, I've raised my price target to $84/share for DECK. If you're still in this one, I suggest you hang on for the Christmas rally. Given that our entry price was around 45$, this target would represent a 87% increase in share price in 4 months. If you were to sell at today's price of $70 then you would have a gain of 56% which is still very good for 4 months.

Salesforce Under Promises and Over Delivers (NYSE: CRM)

Shares of Salesforce.com (NYSE: CRM) were up nearly 8% after hours up to $125/share as their 3rd quarter results beat the street's expectations. The company reported quarterly revenue of $429 million, a 30% year over year increase. This number beat the estimates of $410 million. Operating cash flow was up to 74$ million, up 108% year over year. Earnings per share beat the street by 0.01 at 0.32 compared to estimates of 0.31.

Salesforce.com added 4,800 net new customers in the quarter. Total customers now total 87,200, up 28% year over year.

"The story here is growth growth growth" said Andy Kibbens (Co-CEO of TheMarketsAreOpen). Salesforce continues to over deliver on their promises as they continue to guide higher and exceed those expectations.