'Halftime Report' Traders Share Their Thoughts On Loop Capital's Salesforce Call

Shannon Saccocia spoke on CNBC's "Fast Money Halftime Report" about salesforce.com, inc. CRM. The stock was initiaated by Loop Capital as a Sell with a price target of $150.

Saccocia owns it and she thinks it's not overvalued. She understands concerns and is also interested to see how much will small business spending slow down. Even if there is a short-term slowdown, she sees the stock as a long-term story.

Stephanie Link also has a long position in Salesforce. She said everybody knows the enterprise spending is going to be weak, but when the company reports earnings next week she is going to look for a different number.

She is interested in the current remaining performance obligation, which is a fancy name for the leading indicator of bookings. Wall Street is forecasting 16% and the company is guiding 15% to 20%, so at the lower end of the range. If the stock declines Link would buy more.