Why Jim Cramer Believes in Salesforce's Slack Buy

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Let's start with Salesforce  (CRM) - Get Report after it posted earnings.

The company reported fourth-quarter sales of $5.82 billion, up 20% from a year earlier, and said it sees first-quarter revenue closing in on $5.9 billion, more than analysts' forecasts. It also said it expects adjusted earnings of between 88 cents and 89 cents a share.

And since the company is a holding in Action Alerts PLUS here's a sneak peek into their thoughts about the quarter: “We continue to believe the market is under-appreciating the Slack  (WORK) - Get Report” the AAP team wrote. "Even in a pandemic, Salesforce continues to consistently deliver 20% year-over-year sales growth and their industry-leading software is one of the biggest reasons why their customers have remained successful in a digital, work-from-anywhere environment.”

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