This Day On The Street
Continue to site
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

Jim Cramer's Best Blogs

Of this troika, the most difficult to fathom is Salesforce.com. First, it has run in anticipation of a good quarter. Second, there is no doubt that CEO Marc Benioff is running the fastest-growing tech company of the era in terms of blowing through billion-dollar milestones. Third, his company is despised by a small group of analysts who believe that it is just a house of cards, despite outstanding operating cash flow, which is what I use to test the "real" numbers.

I read all sorts of lies about Salesforce.com -- that it's not really making any money, that it is just a Ponzi scheme, that its products don't work well, that the acquisitions are papering over weakness.

In reality, Benioff is just trying to accumulate all of the technology he can in an amazing land grab before everyone else gets it.

He's doing exactly what Oracle (ORCL), Microsoft (MSFT) and SAP (SAP) did in a different era.

Throughout those trajectories, people sniffed and catcalled and shorted, and it didn't work out.

The fact that of all of the metrics -- and I count 10 of them -- the only one that was "disappointing" was a guide-down in the next quarter, despite a guide-up in the next year, tells me that the huge after-hours selloff was extreme.

So, three companies. One that is perfect, Hain, but is now expensive, one that is long-term positive, Sprint, with real profit-taking, and one that is so controversial as to be a total battleground, Salesforce.com.

If you can stomach a battleground -- hard for me -- Salesforce.com is right, and it was just kept down by endless short-selling last night. If you have patience, Sprint is going to continue to work, in my opinion.

And Hain? Let's just say let the market bring it down a little for you, because the company's execution sure won't. It was and is flawless.

At the time of publication, Action Alerts PLUS, which Cramer co-manages as a charitable trust, was long AAPL.


It's Better-Mousetrap Time

Posted at 7:36 a.m. EDT on Friday, Aug. 23

Hewlett-Packard (HPQ - Get Report) and Dell (DELL) -- back to back -- made me reminiscent of the old days, the days when I used to follow Data General and Digital Equipment.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr 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

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

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
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free

Markets

Chart of I:DJI
DOW 15,973.84 +313.66 2.00%
S&P 500 1,864.78 +35.70 1.95%
NASDAQ 4,337.5120 +70.6750 1.66%

Our Tweets

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs