Jim Cramer Talks About Elon Musk & Discusses These 11 Stocks

3. Salesforce, Inc. (NYSE:CRM)

Number of Hedge Fund Holders In Q4 2024: 162

Salesforce, Inc. (NYSE:CRM) is a business software company that enables customer relationship management. It has been a top Cramer stock particularly because of CEO Marc Benioff. Salesforce, Inc. (NYSE:CRM)’s shares have lost 24% year-to-date on the back of concerns that its Agentforce business is cannibalizing other lines and orders are insignificant for a sizable impact. Here are Cramer’s remarks about Salesforce, Inc. (NYSE:CRM):

“Carl one of the worst performing stocks of this particular year is Salesforce. And it’s been miserable. It’s down 29%. The multiple has shrunk rather dramatically. 21. A lot people feel that it’s Agentic’s plan, the Agentforce has obliterated the rest of the business. And Marc Benioff’s gonna come on and he is gonna explain why that is wrong. I’ve done a lot of work on it, I’ve been in concurrence with Marc, and think if you watch it tonight, you’re gonna say wow, is the market misjudging? This is not an earnings call, just talking about how Agentic works. And I think people have to recognize that Marc is well ahead of everyone else and that this is again a winner take all, loser take none. He’s got it.”

“Dreamforce was remarkable last year. . .and I just feel like Marc really understands. This is not an earnings call. It really understands that the future, you’re saying the cloud took so long to adopt, this is happening, lightning, and the really good companies are using Agent right now, and it’s got new names about what companies are doing. And I just think it’s an exceptional story. And I think that people have given up on Marc and the company. And I think should not be counted out.”