Jim Cramer Avoids Salesforce: 'Cheap Can Still Get Cheaper'
Jim Cramer cautioned Salesforce investors that a cheap stock can still get cheaper, noting the stock is down 36.79% YTD and 38.6% over the past year. He believes the stock remains unattractive despite the decline.
Key Numbers
On his July 9, 2026, CNBC Mad Dash segment, Jim Cramer commented on Salesforce (CRM), calling it one of the most painful stocks in enterprise software. He noted the stock is down 36.79% year-to-date and 38.6% over the past year, adding that "cheap can still get cheaper" when the growth engine stalls.
Recommendation Change
Cramer did not change an explicit rating but reiterated he is still avoiding the stock. No specific price target was mentioned.
Analyst's Rationale
Cramer believes Salesforce faces slowing growth, making the stock less attractive even after the steep decline. He warns investors against assuming the low price is a buying opportunity.
Context
Salesforce's performance has lagged peers in the technology sector. No official company data contradicts Cramer's view. Other analysts are divided, with some seeing value and others warning of further weakness.
Conclusion
Cramer's view remains cautious, but investors should consider that analyst opinions vary. Reviewing Salesforce's financials and growth outlook is advised before making any decision.
Frequently Asked Questions
Found this useful? Share it