Splunk (SPLK - Get Report) lowered its guidance for 2018 to $1.17 billion vs. the consensus estimate of $1.19 billion. So what should investors do?

Jim Cramer says that he likes alternative companies like Workday (WDAY - Get Report) , and that Adobe (ADBE - Get Report) is his favorite in the group. One stock that Cramer does not like is Tableau Software (DATA) , because it is not really a cloud company, he said.