Reported 1 day ago
In a recent discussion, Jim Cramer expressed a positive outlook on Salesforce, highlighting its robust business model despite the stock's year-to-date decline. He mentioned that at 21 times next year’s earnings, the potential to buy outweighs selling, especially for new investors. Cramer noted that while he has concerns about enterprise software markets, he considers Salesforce a strong contender in the sector and would recommend buying if one doesn't already own shares.
Source: YAHOO