Jim Cramer recently discussed Salesforce, Inc. (NYSE:CRM), which has seen a 28% loss in shares this year due to AI competition. CEO Marc Benioff is pushing back on the narrative, stating Salesforce is distinct from creative-focused companies like Adobe. Cramer is cautious but acknowledges CRM’s potential as an investment.

Cramer’s previous remarks on CRM highlight the uncertainty surrounding enterprise software stocks, urging caution until after the next quarter’s results. While CRM shows promise, some AI stocks offer higher returns with less downside risk. Investors seeking a cheap AI stock should check out the report on the best short-term AI stock.

For more stock insights, check out “30 Stocks That Should Double in 3 Years” and “11 Hidden AI Stocks to Buy Right Now.” Note: No disclosures in this article, originally published on Insider Monkey.

Read more at Yahoo Finance: Salesforce, Inc. (CRM)’s CEO Is Pushing Back Against The AI Vs Enterprise Software Narrative, Says Jim Cramer