We recently published Jim Cramer Discussed Expensive Phones, A Cheap Stock Sector & These 18 Stocks. Salesforce, Inc. (NYSE:CRM) is one of the stocks discussed by Jim Cramer.
Customer relationship management software products provider Salesforce, Inc. (NYSE:CRM)’s shares are down by 41% over the past year and by 40% year-to-date. Truist kept a Buy rating and a $280 share price target on the firm on June 15th. It discussed Salesforce, Inc. (NYSE:CRM)’s acquisition of customer agent platform provider Fin. According to Truist, the software company’s scale can help its target firm expand its market presence. On the same day, Jefferies reiterated a Buy rating on Salesforce, Inc. (NYSE:CRM)’s shares and remarked that the Fin acquisition will accelerate AI adoption. Cramer, on the other hand, shared mixed sentiment towards the deal:
“Once again, it was like Salesforce bought a company and I said, oh, finally the company’s going to move its base more towards AI, a little less towards software-as-a-service, no. No.”
Diamond Hill Select Strategy stated the following regarding Salesforce, Inc. (NYSE:CRM) in its Q1 2026 investor letter:
“Shares of Salesforce, Inc. (NYSE:CRM) declined amid concerns around generative AI competition, with revenue and profit growth trending below expectations. Despite a more prolonged slowdown than initially anticipated, growth appears poised to reaccelerate in 2026, and if management’s longer-term guidance proves accurate, revenue growth and profitability should trend higher over time.”
While we acknowledge the potential of CRM as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
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