14 Stocks That Jim Cramer Recently Talked About

3. Salesforce, Inc. (NYSE:CRM)

Number of Hedge Fund Holders In Q3 2024: 116

Salesforce, Inc. (NYSE:CRM) is one of the biggest customer relationship management software providers in the world. The firm commanded a 21.7% market share in 2023. In 2024, Salesforce, Inc. (NYSE:CRM)’s shares have gained 39% year-to-date. As has been the case with most SaaS companies this year, the firm’s narrative has also been driven by AI. CRM applications are believed to be on the chopping block as firms switch to AI chatbots and other tools. As a result, Salesforce, Inc. (NYSE:CRM)’s shares were up by a modest 16% from the start of the year to November 5th. Since then, the stock has gained 20% as Wall Street gathered confidence in Salesforce, Inc. (NYSE:CRM)’s AI applications and products. As for Cramer, here’s what he shared:

“But everyone is focused in Salesforce, which you know I am too.

“When you see the sales, when you see the advertisements, you’re going to say, you know what, can I sign up, I don’t want to talk to humans ever again.”