Published on 31 May 2024 on Insider Monkey via Yahoo Finance
We recently published a list of Jim Cramer's Top 10 Stock Picks for June. Since Apple Inc (NASDAQ:AAPL) ranks higher in the list, the stock deserves a deeper look. But first, let's see what Cramer was talking about during his programs earlier this week.
Jim Cramer in a latest program lamented over Salesforce's latest declines following the company's weak Q1 results and guidance cut. Cramer said he's been "championing" Salesforce ever since the company went public since he's used the Cloud software company's product when he started Street.com. Cramer said Salesforce has been one of the most "distinguished" members of the enterprise software industry. Cramer identified competition as one of the biggest threats to Salesforce, since he believes every other "young person" coming out of the school majoring in computer science knows if you want to make money you should make or sell software for the enterprise world.