Jim Cramer Says He is “Feeling A Lot More Sanguine About Salesforce’s Stock”

Salesforce, Inc. (NYSE:CRM) is one of the stocks Jim Cramer recently covered. Cramer said that he is a believer of Marc Benioff’s “ability to deliver on the long-term targets,” as he commented:

“Still for me, the mere announcement of this ambitious revenue target felt like a turning point for Salesforce. As an extremely frustrated long-term shareholder in this one, it was very encouraging to finally get a break from what’s felt like a constant drumbeat of negativity this year, at least from the analysts. Bottom line: After spending the week in San Francisco, much of that time at Dreamforce, I’m feeling a lot more sanguine about Salesforce’s stock than I was last Friday.

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Salesforce, Inc. (NYSE:CRM) provides cloud-based CRM solutions that connect businesses with customers through AI-driven tools and analytics.

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

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