Jim Cramer Discussed AI Circular Deals, Top Quantum Plays & These 22 Stocks 

16. Salesforce, Inc. (NYSE:CRM)

Number of Hedge Fund Holdings in Q4 2025: 115

Customer relationship management software provider Salesforce, Inc. (NYSE:CRM)’s shares are down by 33% over the past year and by 29% year-to-date. Truist discussed the firm on April 17th as it kept a Buy rating and a $280 share price target. The bank’s coverage followed Salesforce, Inc. (NYSE:CRM)’s TDX developer conference, as it noted that multiple price changes with the leading Agentforce AI platform had created unease with customers. Piper Sandler also discussed the firm on April 17th as it cut the share price target to $215 from $250 and kept an Overweight rating on the stock. The financial firm outlined that Salesforce, Inc. (NYSE:CRM), along with other enterprise software firms, could face a difficult operating environment in 2026 as AI software developers continued to expand their target markets. Piper Sandler added that investors were also rethinking long-term valuation assumptions of the sector. In this appearance, Cramer shared additional context about federal business:

“Let’s take Marc Benioff and his fallen star of Salesforce. He wanted defense business, ServiceNow, federal business. Federal business is huge for these kinds of companies. And you need federal business to be able to make the great mosaic.”