Benioff also touted Salesforce's new alliance with rival Oracle (ORCL), in which Oracle is using Salesforce's cloud offerings for its sales and service organizations.
Wowed by Wendy's
Looking for stocks worth buying after the next market selloff? Cramer said to forget about the number or number two players in a sector. He's found two great turnaround stories sitting at a comfortable number three, with plenty of room to grow.
Lightning RoundIn the Lightning Round, Cramer was bullish on Timken (TKR), Graco (GGG), Quanta Services (PWR), Radian Group (RDN), Cummins (CMI), Pfizer (PFE) and GlaxoSmithKline (GSK). Cramer was bearish on United States Steel (X), Silver Spring Networks (SSNI), Arena Pharmaceuticals (ARNA) and Stewart Information Services (STC).
Executive Decision: Patrick SmithIn his second "Executive Decision" segment, Cramer sat down with Patrick Smith, co-founder and CEO of Taser International (TASR), a stock that's up over 37% in just the past three weeks as investors are getting excited over the company's newest products. Smith said Taser's big push over the past few years has been in digital evidence management. He noted that police departments spend nearly $2.5 billion a year in litigation surrounding the actions of their officers, yet Taser's new wearable camera can cut that down by 90% by offering video evidence of the officer's actions. Smith then demonstrated the new technology, explaining that after each police action, officers can easily tag and note their video clips, which are then sent to the cloud for easy storage and retrieval later on. He said many police departments have warehouses of VHS tapes as their video evidence, but Taser is taking departments right to the cloud and has the first-mover advantage. Cramer said that despite its big move to the upside, Taser remains a very interesting story.
No Huddle OffenseIn his "No Huddle Offense" segment, Cramer reiterated his mantra of "knowing what you own," especially if you're trying to short a stock. He said the shorts got blindsided by online real estate listing Web site Zillow (Z), a stock that's soared 245% so far this year. Cramer said that on the surface, Zillow isn't benefiting from the uptick in home sales any more than a stock like Realogy (RLGY), yet Realogy's stock hasn't risen nearly as much. He said that's because nearly 18% of Zillow's stock has been sold short, and that's led to a huge short-squeeze that has sent the bears scrambling for cover. "Many of these shorts didn't know what they were betting against," Cramer concluded. Don't be one of them. To watch replays of Cramer's video segments, visit the Mad Money page on CNBC. To sign up for Jim Cramer's free Booyah! newsletter with all of his latest articles and videos please click here. -- Written by Scott Rutt in Washington, D.C. To email Scott about this article, click here: Scott Rutt Follow Scott on Twitter @ScottRutt or get updates on Facebook, ScottRuttDC
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV