Two Key Things to Watch When Salesforce Reports Earnings

Publish date:
Video Duration:

Salesforce (CRM) - Get, inc. Report is slated to report earnings Tuesday after the bell.

Jeff Marks, senior portfolio analyst for Jim Cramer's Action Alerts PLUS investing club, weighed in on what investors need to watch.

"So I think what investors need to focus on is billings and just visibility into their 20% compound annual growth on the top line that they expect to do for the next couple of years. And if they can produce good billings results and really show that give the market confidence that they can do that. You know, it might be all right, but I mean it's tough in this market. Workday (WDAY) - Get Workday, Inc. (WDAY) Report produced a good number earlier this week and the stock got hit. And obviously, everything's going to be down right now in this type of markets. So, I mean it could be a good quarter, but we'll have to see how the market kind of reacts to it," said Marks.

Related. Jim Cramer: A Checklist for Investors in This Downer of a Market

Salesforce is a holding in Jim Cramer's charitable trust ActionAlertsPLUS. Want to know when Jim buys or sells Salesforce? Sign up for a free trial now

Watch Jim Cramer's Daily NYSE Show and Replays Below

Related Videos