Jim Cramer -- Salesforce Takes Jab at Microsoft

Shares of Salesforce.com (CRM) are climbing Friday, up nearly 4% after the company beat on earnings per share and revenue expectations. 

The company also gave guidance for $10 billion in full-year sales for 2018, which would represent growth north of 20%, presuming the company's guidance for 2017 sales of $8.365 billion to $8.375 billion comes to fruition. 

However, the company took a subtle swipe at Oracle (ORCL) on its conference call and a not-so-subtle jab at Microsoft (MSFT) , said TheStreet's Jim Cramer, co-manager of the Action Alerts PLUS portfolio, on CNBC's "Stop Trading" segment. 

Cramer said of Salesforce and Microsoft, "They were friends, then they were frenemies, and now they're just enemies." 

It wasn't all that long ago that Microsoft almost bought Salesforce, he added. 

Aside from Microsoft's emergence in the cloud world, it doesn't help that it outbid Salesforce for LinkedIn (LNKD) earlier this year, paying $26.2 billion for the company, Cramer concluded.

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

More from Opinion

Snap Will Need to Raise Cash By 2020 Unless It Makes Some Big Improvements

Snap Will Need to Raise Cash By 2020 Unless It Makes Some Big Improvements

Turnaround Tuesday: Bitcoin, Amazon and Microsoft -- Oh My!

Turnaround Tuesday: Bitcoin, Amazon and Microsoft -- Oh My!

Apple's iPhone XR Is a Good Buy at $750, Say Reviews

Apple's iPhone XR Is a Good Buy at $750, Say Reviews

SolarWinds CEO: We Manage More of Cisco's Products Than Cisco Does

SolarWinds CEO: We Manage More of Cisco's Products Than Cisco Does

Tesla's $45,000 Model 3 Is a Half-Measure Meant to Protect Margins

Tesla's $45,000 Model 3 Is a Half-Measure Meant to Protect Margins