We recently published 11 Stocks Jim Cramer Discussed, Including a Potential “Worst Stock Ever”. Salesforce, Inc. (NYSE:CRM) is one of the stocks Jim Cramer recently talked about.
Salesforce, Inc. (NYSE:CRM) is an enterprise software company that provides customer relationship management software. Cramer recently became more bullish on the stock after visiting the company’s Dreamforce conference in San Francisco. The conclusions of the CNBC TV conference show that he emphasizes that long-term trust is needed in the company. He also outlined that since the general sentiment around enterprise software is not too rosy at the moment, it may take some time for analysts to change their minds about Salesforce, Inc. (NYSE:CRM). In this appearance, he shared some major companies that use the company’s software to improve their business operations:
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“Michael Dell… he was part of this effort, along with Laura Elbert at William Sonoma, Rick Smith, the son of the late Fred Smith at FedEx and then the team at Pepsi, all demonstrated why revenues increase but their costs decrease by using Mark’s agents and that caused the stock market pop 15.”
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Disclosure: None. This article was originally published on Insider monkey.
