Was Jim Cramer Right About Salesforce, Inc. (CRM)?

We recently published a list of 13 Stock Predictions That Jim Cramer Got Completely Wrong. In this article, we are going to take a look at where Salesforce, Inc. (NYSE:CRM) stands against other stocks that Jim Cramer discusses.

During a recent episode of Mad Money, which aired on Monday, the 5th of May, Jim Cramer gave some personal anecdotes from his experience as an investor. He emphasized the importance of savings, starting early and investing as much as one can afford:

“If you don’t have enough money or the time to own a stock portfolio, you can only own one or two stocks, send the money in, as little money as you can, to an index fund, to one of these big mutual funds.”

READ ALSO: Jim Cramer Absolutely Nailed These 11 Stock Predictions and Did Jim Cramer Hit or Miss On These 13 Stock Predictions?

Jim Cramer gave advice to his viewers about stock picking and which investing accounts to use. He also warned them to not treat investing the same way as gambling and to not chase hype:

“So here’s the bottom line: You want to get started, go small, invest [in] what you know, research intensely, just research, research, research… It’s as simple as a keystroke and the information’s free, including up-to-the-minute financials, analyst presentations, brokerage research, and of course, the conference calls that I tell you are a must if you want to actually know what you’re doing. Simple? No. Lucrative? You bet it is.”

Our Methodology

For this article, we compiled a list of 13 stocks that were discussed by Jim Cramer during Mad Money episodes that aired on the 5th and 6th of May 2024. We then calculated their performance for the past 12 months, until May 6th, 2025, market close. We have also included the hedge fund sentiment for the stocks, which we sourced from Insider Monkey’s Q4 2024 database of over 900 hedge funds. The stocks are listed in the order that Cramer mentioned them.

Please note that this article mentions Jim Cramer’s previous opinions and may not account for any changes to his opinions regarding the stocks that are mentioned. It is primarily an examination of how his previously provided opinions have panned out.

Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).

Was Jim Cramer Right About Salesforce, Inc. (CRM)?

Salesforce, Inc. (NYSE:CRM)

Number of Hedge Fund Holders: 162

Cramer mentioned Salesforce, Inc. (NYSE:CRM) when reflecting on strong earnings that failed to lift the stock during a broad tech pullback. He believed the selloff created a bargain opportunity at the time, saying:

“Not that long ago Salesforce CRM gave a terrific quarter. Nice top and bottom line beat. They also threw in a dividend and buying back stock enough to keep the float flat. It was an almost universally applauding quarter! It’s still just a few bucks away from its lows; bargain!”

Although the stock did rise initially, it has since fallen flat, with an overall performance of negative 0.82% since Cramer’s comments.

Despite its weak performance, Cramer highlighted Salesforce, Inc. (NYSE:CRM) in a recent episode as one of his all-time favorite stocks. Here’s what he said in late April:

“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.”

Overall, CRM ranks 1st on our list of stocks that Jim Cramer discusses. While we acknowledge the 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. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than CRM but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

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