10 Jim Cramer Stocks with Huge Upside Potential

3. Salesforce, Inc. (NYSE:CRM)

Average Price Target Upside: 34.20%

Number of Hedge Fund Holders: 162

Highlighting that Salesforce, Inc. (NYSE:CRM) took the 14th place on his list of stocks with the biggest gains over the past 20 years, Cramer stated:

“Next, in 14th place is one of my all-time favorites, and that’s Salesforce, up 6,738%. This company started as a customer relations management software play, basically invented the cloud software strategy, and now is one of the largest and most successful enterprise software companies on the planet. Salesforce now offers an entire suite of products spanning sales, marketing, customer service, and data analytics. And it always seems to be at the leading edge of whatever big trend is happening in software, including right now with their Agentic platform that harnesses AI, okay, kind of like a a robot that you would speak to when you’re trying to figure out exactly who you want to get to in a company.

More impressive, the stock still made the list even though it’s down 28% from its highs in December. We just had Salesforce co-founder and CEO Marc Benioff on the show last week. He sounded as confident as ever. I say you doubt this man at your own peril. He did the same thing in the fall of 2008 when the financial crisis was obliterating the stock market. That turned out to be an incredible buying opportunity. I know some of you think I’ve been sticking around too long on this company. I think its Agentforce program could be dramatically understated for the growth prospects it’s going to bring the company. It could blow out the numbers, okay? I’m not sure which quarter’s going to do that, but I swear by this Agentic. It makes too much sense. Don’t leave the stock.”

Salesforce (NYSE:CRM) offers one platform that supports sales, customer service, marketing, analytics, and e-commerce. The company’s tools help businesses handle customer relationships and manage daily tasks more effectively. On April 23, Piper Sandler lowered its price target on CRM to $315 from $400 and kept an Overweight rating on the stock. The firm reduced estimates across the cloud applications and analytics space due to growing short-term challenges from tariffs, policy shifts, and issues tied to AI adoption.

The analyst said that software companies are under pressure as investor confidence fades, and pointed to slower industry growth for a fourth year and signs that excitement around AI may be declining. Piper noted that valuation multiples have dropped to a seven-year low, though the direct effect of tariffs on software models remains limited.