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Cloud software is remaining aloft -- and garnering the support of Jim Cramer's on Thursday night's "Mad Money" -- despite recent softness in the rest of the industry.
Indeed, Web-based software companies like Salesforce.com(CRM Quote) are actually benefiting from the weak economy, as they are saddled by less cost and lower risk than traditional software companies.
Salesforce's stock has gained about 40% this year and sells products to Dell, Sprint Nextel, Starbucks and Toyota Motor. Shares of the company were up 3% to $40.94 in morning trading. ...
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