Jim Cramer on Salesforce: “I’m Not Ready to Throw in the Towel”

Salesforce, Inc. (NYSE:CRM) is one of the stocks Jim Cramer recently discussed. Cramer, discussing the company during the episode, stated:

“Every year, I come out to San Francisco for Dreamforce, which is Salesforce’s main customer event, in order to take the pulse of all things tech. This year, it’s extra important because the enterprise sector cohort has been eviscerated by the rise of artificial intelligence. Salesforce itself has seen its stock double 34% from its all-time highs late last year, even though it’s made major strides with AI in the field of Agentics. It kind of dominates it. So far, Wall Street hasn’t seemed to care, but I’m not ready to throw in the towel. It remains a big position for my Charitable Trust.”

Photo by Joshua Mayo on Unsplash

Salesforce, Inc. (NYSE:CRM) provides cloud-based CRM and AI-driven solutions that help businesses manage customer relationships, data, and operations. The company’s products include Slack, Tableau, and Data Cloud, among others.

While we acknowledge the risk and potential of CRM as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than CRM and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.