It was a cloudy day for Salesforce.
The company reported a top and bottom line earnings beat on Wednesday after the close.
But lackluster guidance for the coming quarter weighed on the stock, sending shares tumbling 6%.
Despite the move lower, some of the street's most prominent analysts see a ray of sunshine in the clouds.
BTIG, Piper Jaffray, CLSA, and Cowen all re-iterated their buy ratings on the stock today.
The "Halftime Report" experts and special guest Karen Firestone debated if there'll be rain or shine ahead for this stock -- and if you should buy the dip.
Aureus Asset Management's Karen Firestone owns Salesforce and she's sticking with it.
"We like the concept. It's a great company. It's a leader in its field," she said on the "Halftime Report."
It trades at 79X forward earnings, which may deem it too expensive for some investors. But Firestone believes the price tag is warranted.
"The stock is expensive for a good reason...and we think it will go higher," she argued.
Pete Najarian agrees with Firestone, arguing that the dip "is a buying opportunity." He believes the stock sold-off today due to concerns over long-term growth.
Billings rose 20% for the quarter, which was lower than the Street was calling for. And given the company's high multiple, Najarian believes people were looking "for an excuse to hit the exits."
On the technical side, Josh Brown points out that the stock broke below its 200-day moving average, and that it's been underperforming since it hit an all-time high in May.
That said, he points out that focusing on just the intraday moves in the stock may not paint the whole picture.
"Take a look at a long term chart of Salesforce. Every single major decline -- earnings related or otherwise -- has been bought, just maybe not on day one."
Trader disclosure: On September 1, 2016 the following stocks and commodities mentioned or intended to be mentioned on CNBC's "Halftime Report" were owned by the "Halftime Report" traders:
Steve Weiss: Long AAL,AKAM, BAC, CAVM, HZNP, MU, OA, SRPT. Puts: SRPT Short: USO
Josh Brown: LongAAPL, AMGN, BMY, CORE, DE, DNKN, GE, NVDA, SAM, SHAK, TWTR, XLE
Jon Najarian: LongStock: CRM, CSX, GSAT, INO, XON Long Calls: AAPL, CDE, CXO, FIT, GDX, GLD,KATE, MSFT, NFLX, PAAS, SCHW, SLW, SQ, TSLA, TWTR, WFC, WLL
Pete Najarian: LongStock: AAPL, BAC, BMY, DIS, DISCA, GE, KMI.A, KMI, KO, LUX, PEP, PFE, TGT, VIAB Long Calls: AAL, ABT, AKS, AMD, BAC, CIT, CNX, COP, CSCO, CRM, DAC, DISH, DVN,EGO, ETP, FSLR, FXI, GDX, GLD, GT, HALO, KGC, KO, LLY, MS, MT, MU, NEM, P, SBUX, SLV, SLW, SYMC, TGT, TMUS, TTS, TWTR, UA, VRX, XLE Puts: CLF, EEM, MBLY,MRO, PII, XOM
Karen Firestone: LongCHTR, ZTS, SMG, SLB, NE, PE, PSX, CRM