We recently published 12 Stocks on Jim Cramer’s Radar. Salesforce Inc (NYSE:CRM) is one of the stocks on Jim Cramer's radar.
SaaS firm Salesforce Inc (NYSE:CRM) is a stock that’s been constantly on Jim Cramer’s radar in today’s AI era. Enterprise software firms have come under investor scrutiny due to AI’s ability to enable companies to develop software without extensively relying on experienced software engineers. Most of Cramer’s comments about Salesforce Inc (NYSE:CRM) have focused on the split in the firm’s business when it comes to AI and non-AI platforms, and he believes that Agentforce is performing well. Stifel discussed Salesforce Inc (NYSE:CRM)’s shares on February 17th. It reduced the share price target to $200 from $260 and kept a Neutral rating on the shares. The financial firm pointed out that the software company was experiencing customer loyalty, as its customers were not eager to switch to AI alternatives. Cramer discussed Agentforce in this appearance as well:
“I understand that Marc Benioff has to really show that Agentforce is crushing it. There was a piece out there yesterday saying that Agentforce isn’t growing at the pace it was. That’s shocking to me.”
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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