Amid an upbeat day for the overall market on Tuesday, many growth stocks are seeing outsize gains. News last week that the Federal Reserve may begin raising interest rates and tapering its asset purchase program earlier than expected, as well as reports of a new coronavirus variant, spooked investors.
Ford Motor Co said Tuesday it plans to launch a new subscription software service aimed at small businesses, in collaboration with enterprise software company Salesforce.com Inc. The software service, called VIIZR, will be offered starting next year by the automaker's Ford Pro commercial vehicle and services unit. Based on Salesforce technology, the system will digitize paperwork for contractors, repair technicians and other trades people, and start at $39 per month per user, Ford said.
At the moment, there are three Dow stocks absolutely begging to be bought by growth, value, or income investors in December. For growth investors, there's little question that the Dow stock to back the truck up on in December is cloud-based customer relationship management (CRM) solution provider Salesforce.com (NYSE: CRM).