This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Cramer's 'Mad Money' Recap: Keep an Eye on Gold, New Homes

Stocks in this article: CRM TOL SHW WSM FXE S AIG HPQ DELL IBM MELI EBAY FRX MO HAIN WFM WMT KR TGT AMZN JNJ

When asked to respond to the bears who have been calling for the company to focus on profits instead of revenue, Benioff said enterprise software is in the middle of a revolution, and it would be foolish to give up market share in order to focus on other metrics. He said the bears have been wrong in their research for quite some time when it comes to Salesforce.com.

Turning to the hot-button issue of social media, Benioff said that in his mind, social media is the future, which is why the company has made social media acquisitions and plans to roll out new social products at its next developer conference.

Cramer said that Salesforce.com continues to deliver, despite the bears predicting otherwise.

Sprint on the Line

In his second "Executive Decision" segment, Cramer welcomed Dan Hesse, CEO of Sprint (S), the nation's third-largest wireless carrier. Shares of Sprint have more than doubled since Cramer last spoke with Hesse in May.

Hesse said the first phase of Sprint's remarkable turnaround was focusing on customer service. The company has gone from last to first over the past four years and Sprint's learned that it's actually cheaper to offer better service, as the company is now spending half of what it was, he said.

Some of the other highlights of Sprint's turnaround plan included getting the iPhone, paring the company's two networks down to one and investing in LTE 4G, the next generation of high-speed wireless technology.

Hesse admitted that Sprint was late to the game with its 4G investment, but waiting allowed the company to add a high quality push-to-talk feature to its offerings that now gives them a competitive advantage. He said Sprint has been able to recapture 64% of the customers that were using its older Nextel network.

When asked about the iPhone, Hesse noted that carrying the iPhone has improved Sprint's overall satisfaction rate and the company's sales are ahead of plan so far. More important, over 40% of all iPhone customers are new to Sprint.

Cramer said investors may have missed Sprint at $2 a share, but that doesn't mean they've missed this company's terrific rebirth.

Lightening Round

2 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Jim Cramer and Stephanie Link reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

Jim Cramer's protégé, David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
Try it NOW
Try it NOW
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

Jim Cramer's protégé, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 18,053.71 +23.50 0.13%
S&P 500 2,088.77 +6.89 0.33%
NASDAQ 4,806.8590 +33.3870 0.70%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs