We recently published 11 Stocks Jim Cramer Discussed, Including A Potential “Worst Stock Ever”. Salesforce, Inc. (NYSE:CRM) is one of the stocks Jim Cramer recently discussed.
Salesforce, Inc. (NYSE:CRM) is an enterprise software company that provides customer relationship management software. Cramer recently became more optimistic about the stock after visiting the firm’s Dreamforce conference in San Francisco. The CNBC TV host’s takeaways from the conference saw him stress that long-term faith is needed in the firm. He also outlined that since the overall sentiment surrounding enterprise software isn’t too bright right now, it might take some time for analysts to change their minds about Salesforce, Inc. (NYSE:CRM). In this appearance, he shared some major companies that are using the firm’s software to improve their business operations:
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“Michael Dell. . .he was part of this effort, along with Laura Elbert from William Sonoma, Rick Smith, the son of the late Fred Smith at FedEx and then the team from Pepsi, all demonstrated why the revenues are going up but their expense is going down by using agentics from Mark and that caused the stock pop 15.”
While we acknowledge the potential of CRM as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.
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Disclosure: None. This article is originally published at Insider Monkey.