Cramer -- Earnings Back in Focus for Salesforce.com & Dupont

NEW YORK (The Street) -- Shares of Salesforce.com (CRM) are up 0.8% on Thursday, after analysts at Goldman Sachs raised their price target to $87 from $78. 

The stock has not given up its gains following a report a few weeks ago that it may have a potential acquirer, TheStreet's Jim Cramer, portfolio manager of the Action Alerts PLUS portfolio, pointed out on CNBC's "Mad Dash" segment. 

 

CRM Chart

Dupont DD and Salesforce.com CRM data by YCharts

While the stock has held onto those gains, investors have also been focusing more on the business, which is doing well, Cramer said. The cloud industry is hot right now and Salesforce.com is doing "incredibly well," he added.

Turning to Dupont (DD), the stock is up nearly 2%, but is still lower by 6.25% this week following news that the company won its proxy fight against hedge fund manager Nelson Peltz's Trian Fund Management. 

Several analysts have been positive on the stock, with analysts at Deutsche Bank reiterating a buy rating and $83 price target. Analysts at Bank of America/Merrill Lynch also upgraded the stock from underperform to neutral. 

The focus at Dupont can now go back to earnings and the business, just like with Salesforce.com, Cramer said. However, the chemical business is not doing nearly as well as the cloud, he said. 

Perhaps shares of Dupont will stabilize near current levels, Cramer said, adding that its dividend yield of 2.8% is attractive. 

At the time of publication, Cramer's Action Alerts PLUS had no position in companies mentioned.

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