He says Target has a 3% yield and Google could be a growth engine in Europe, and people are starting to notice and like these aspects of the stocks.
Salesforce.com, on the other hand, is not returning capital but is instead spending capital and issuing shares. "It's the exact opposite of what the market wants right now," Cramer says. Salesforce has growth, but not as much as other companies in the space such as Workday (WDAY) and Cornerstone on Demand (CSOD). "But if you want value," Cramer says, "the value resides in Target and Google."
TheStreet Ratings team agrees with Cramer on Target, as it rates it a "buy" with a ratings score of B. TheStreet Ratings Team has this to say about their recommendation:
"We rate TARGET CORP (TGT) a BUY. This is driven by a few notable strengths, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. Among the primary strengths of the company is its solid financial position based on a variety of debt and liquidity measures that we have evaluated. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself."
As for Salesforce, TheStreet Ratings team rates it as a "hold" with a ratings score of C. TheStreet Ratings Team has this to say about their recommendation:
"We rate SALESFORCE.COM INC (CRM) a HOLD. The primary factors that have impacted our rating are mixed - some indicating strength, some showing weaknesses, with little evidence to justify the expectation of either a positive or negative performance for this stock relative to most other stocks. The company's strengths can be seen in multiple areas, such as its robust revenue growth, expanding profit margins and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, weak operating cash flow and generally higher debt management risk."