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Wait to Buy Salesforce Ahead of Earnings, Says Jim Cramer

Looking at Salesforce but not sure if now is the time to buy? Jim Cramer has some thoughts.
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Real Money's Stock of the Day Salesforce (CRM) - Get Salesforce Inc. Report is expected to kick off earnings this week when it reports after the bell Monday, March 4.

Analysts surveyed by FactSet expect Salesforce, the cloud software company, to earn 55 cents a share in the fourth quarter on sales of $3.56 billion.

Jim Cramer advised that investors who are curious about getting into Salesforce should wait until after the earnings report. 

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But, just how long should investors wait?

"There are people who jack it up the moment it reports, you know, say from 4:15 to 4:20, and then there's a slow trip, and then a vicious decline as the company gives us the conference call. And that decline continues to the next day as one or two analysts try to rationalize why it was a good quarter and then you end up day three with a great buying opportunity," Cramer said. 

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