12 Stocks on Jim Cramer’s Radar Recently

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2. Salesforce, Inc. (NYSE:CRM)

Number of Hedge Fund Holders: 162

A caller wondered what the reason was behind Salesforce, Inc. (NYSE:CRM) stock being down over the last six months. Here’s what Cramer had to say:

“100% right. They’ve got the best product, of which there is no doubt. Have they been able to monetize the best product? Not to date. Is the stock indicating that they won’t do it this quarter either? Yes, but the good news is we have until the end of May. Maybe it can turn things around, but this stock, as I said to Jeff Marks today, my partner for the Charitable Trust, this stock just acts so badly, and the enterprise software companies were beginning to act better, and this one’s not one of them. Only up 38 cents today. Gotta stay very close to this.”

Salesforce (NYSE:CRM) offers a unified platform that helps businesses handle sales, customer service, marketing, analytics, and e-commerce. Its tools are built to improve customer experience and make everyday operations more efficient.

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