We recently published 13 Latest Stocks on Jim Cramer’s Radar. Salesforce, Inc. (NYSE:CRM) is one of the stocks Jim Cramer recently discussed.
Like Adobe, Salesforce, Inc. (NYSE:CRM) is also a software-as-a-service (SaaS) stock that Jim Cramer has started to frequently discuss lately. He commented on the firm in detail after its latest earnings report. Cramer was somber that while Salesforce, Inc. (NYSE:CRM) was a “great” company, it had unfortunately gotten caught up in the narrative that AI would threaten its business. This time, the CNBC TV host offered some advice to Salesforce, Inc. (NYSE:CRM) CEO Marc Benioff:
“Yes, and I kept hearing things about, well, if it’s a software-as-a-service system that we have, that would be. . .Salesforce, you know we’ve been able to develop programs that are very similar. We don’t need that anymore. And I was like, you’re kind of stunned, because you thought you heard that was going to happen but you never thought you’d expect the CEO say. And you know what, these are not as indispensable as we thought!.
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.
