Jim Cramer Discusses These 10 Stocks, The Fed Chair & Lower AI Costs

3. Salesforce, Inc. (NYSE:CRM)

Number of Hedge Fund Holders In Q3 2024: 116

Salesforce, Inc. (NYSE:CRM) is a SaaS company that provides customer relationship management products and services. 2024 saw the firm reorient its narrative from being the target of AI’s disruption for CRM agents to becoming a firm that provides AI-powered CRM agents. These ‘agents’ enable businesses to reduce costs, and Salesforce, Inc. (NYSE:CRM)’s primary product in this domain is its Agentforce AI platform. Cramer has praised Agentforce in multiple appearances. This time around, he commented on Salesforce, Inc. (NYSE:CRM) CEO Marc Benioff’s controversial statements about Microsoft and OpenAI:

“Now Benioff, Benioff’s going to come on to talk about the fight between Microsoft and, David, David, Microsoft and OpenAI.

“The bombs he’s throwing Carl, on X, I mean he’s throwing nuclear war here. I mean we’re gonna have to ask RTX do we really need an Iron Dome for Benioff?”