Jim Cramer on Salesforce: "I'm Not Ready to Throw in the Towel"

Salesforce, Inc. (NYSE:CRM) is one of the stocks Jim Cramer recently discussed. Cramer, discussing the company during the episode, stated:

“Every year, I come out to San Francisco for Dreamforce, which is Salesforce’s main customer event, in order to take the pulse of all things tech. This year, it’s extra important because the enterprise sector cohort has been eviscerated by the rise of artificial intelligence. Salesforce itself has seen its stock double 34% from its all-time highs late last year, even though it’s made major strides with AI in the field of Agentics. It kind of dominates it. So far, Wall Street hasn’t seemed to care, but I’m not ready to throw in the towel. It remains a big position for my Charitable Trust.”

Salesforce, Inc. (NYSE:CRM) provides cloud-based CRM and AI-driven solutions that help businesses manage customer relationships, data, and operations. The company’s products include Slack, Tableau, and Data Cloud, among others.

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Disclosure: None. This article is originally published at Insider Monkey.