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Jim Cramer calls Salesforce a tough hold, citing market-wide distaste for software stocks but citing potential by 2030.

Yahoo Finance AIMay 9, 20261 min read
Jim Cramer calls Salesforce a tough hold, citing market-wide distaste for software stocks but citing potential by 2030.

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3 Key Points

  1. During an April 20 episode, Cramer said he holds a small position in Salesforce (NYSE:CRM) for his Charitable Trust and would not sell it at current prices, describing the stock as 'incredibly cheap' and 'putting in a bottom here.'

  2. Cramer framed Salesforce as a long-term position tied to developments Marc Benioff sees happening by 2030, though he acknowledged the market currently dislikes software stocks broadly, including Palantir, ServiceNow, Workday, Adobe, and Microsoft.

  3. Salesforce provides CRM-focused tools that help businesses manage customer interactions, use AI agents, analyze data, collaborate, and run marketing, commerce, and field service operations.

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