Reported 2 days ago
Jim Cramer expressed his confidence in Salesforce (CRM), stating that despite a slowdown in core business growth, the company's profitability is increasing significantly. He highlighted Salesforce's transformation into an earnings growth story, dismissing concerns over its acquisition of Informatica as a strategy to mask revenue issues. Cramer believes that Salesforce's strong track record justifies his continued investment in the stock.
Source: YAHOO