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Lessons From Salesforce Stock: Jim Cramer Says Take Profits Thursday

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Stocks continued higher in intraday trading Thursday as the Dow climbed 465.40 points, the Nasdaq gained 136.32 points and the S&P 500 up 51.09 points. 

Jim Cramer told Action Alerts PLUS senior analyst Jeff Marks that now is the time to raise some cash. "We're getting a second chance to address vulnerabilities," Cramer said, referring to his Action Alerts PLUS charitable portfolio. 

Taking the example of Salesforce  (CRM) - Get salesforce.com, inc. Report, Cramer said if you bought when markets earlier in the week, it's time to take some profits and build your cash position. Catch his full take on Thursday's markets in the video above. 

Recap TheStreet Live: Everything Jim Cramer Is Watching 9/23/21

Salesforce is a holding in Jim Cramer's charitable portfolio. Cramer's monthly members-only Action Alerts PLUS conference call kicks off September 23 at 11:30 a.m. ET. Cramer will be live, breaking down his latest worldview and how he's trading all of the stocks that make up his charitable trust, and most importantly, he'll be answering YOUR questions.

Here's how to watch. 

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