11 Latest AI & Other Stocks on Jim Cramer’s Radar

5. Salesforce, Inc. (NYSE:CRM)

Number of Hedge Fund Holders In Q1 2025: 140

Salesforce, Inc. (NYSE:CRM) is a software company known primarily for providing customer relationship management software. Its shares have lost 8% year-to-date on the back of a 32% dip since late January. Salesforce, Inc. (NYSE:CRM)’s shares are down because, like other enterprise software firms, investors are worried about its long-term software revenue in today’s AI era. In his previous comments about the firm, Cramer has defended Salesforce, Inc. (NYSE:CRM) and cited hope in its CEO, Marc Benioff. He maintained the optimism this time around as well:

“Look I think that we’ve all seen that enterprise software, which had been the hottest area if you were a venture capitalist, has just been blown up. The question is, I have a position for instance in Salesforce. I am still a believer in Marc Benioff, going into Dreamforce this year. But if you look at the stock, the stock looks very much like when Mallory went down into the big crevice off of Everest. Never found him. That was bad.”

Cramer’s previous comments about Salesforce, Inc. (NYSE:CRM) also followed this tune:

“. . .and I think that people should recognize that these companies are all being viewed as, let’s say carrion, because what’s happened is this that you can develop your own stuff that is better. Now Marc Benioff is doing some pushback on that by the way, he’s saying that if you’re doing process stuff, you’re not going to be able to, maybe creative, that would be Adobe. But not, Salesforce. So Marc’s pushing back Salesforce. . .”