Reported 1 day ago
In a recent episode of Mad Money, Jim Cramer praised Salesforce, Inc. (CRM) for its financial discipline, countering criticisms that it was reverting to a history of reckless acquisitions, particularly regarding rumored talks of purchasing Informatica. Cramer suggested that Salesforce's decision to halt the acquisition showcased its commitment to shareholder interests, leading to a rise in its stock price, despite ongoing investor skepticism following an unstable market backdrop.
Source: YAHOO