Salesforce, Inc. (NYSE:CRM) is among Jim Cramer’s recent stock calls as he urged investors to stand by the defense sector. During the “Am I Diversified” round, a club member noted that their top 5 portfolio holdings are SYM, CRM, VZ, COST, and GEV. In response, Cramer said:
I like this. Okay, so we got that automation, that’s a a great, tremendous theme. GE Vernova is the company that’s actually powering all the, they have all the turbines. They make the turbines that, when you see these nat-gas facilities for data center, that’s them, okay? That’s just them. Verizon, I hear you. I’m not as, I’m not as convinced.
I saw someone write this, a piece this week… I’m not as convinced that I need that yield. I like growth, but I’m willing to go with you on it. Costco, you’re so right. I mean… cheap gas, not so great for them. High gas, people sign up and get the card. That’s how we make our money. Salesforce, I don’t know about whether Marc’s going to be able to get it, go in the data center. This is going to be a hard own. We know that the long knives are out for software and that’s software. Software, automation, retail, turbine for data center and just plain old telephone… Good job. I like it.
Photo by Chris Liverani on Unsplash
Salesforce, Inc. (NYSE:CRM) 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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