Jim Cramer Breaks Silence On DeepSeek AI Sell-Off & Discusses These 12 Stocks

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3. Salesforce, Inc. (NYSE:CRM)

Number of Hedge Fund Holders In Q3 2024: 116

Salesforce, Inc. (NYSE:CRM) is a customer relationship management software provider. Cramer has discussed the firm’s CEO Marc Benioff and its Agentforce AI products several times this year. He is impressed by Agentforce and believes that Benioff has the right perspective for the AI market. Cramer also believes that Salesforce, Inc. (NYSE:CRM) is targeting the healthcare industry. The firm’s non-data center spending exposure meant that its shares actually closed 3.96% higher on the day of the DeepSeek sell-off. Here’s what Cramer said about Salesforce, Inc. (NYSE:CRM) during the day:

“I mean Marc Benioff just going out multiple times. . . .going back and forth with Marc this weekend, and what Marc is saying to me, don’t you see the value is in the data? The value is not in the hardware. So if you sell down Salesforce, that’s like a second day rally.

“I do think that Benioff is winning right now in the tug of war of mind.”

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