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Cramer's disruptive cloud based tech stocks

Some new companies are so cutting edge, they have the potential to change the competitive landscape, permanently.

Cramer thinks these are the kinds of stocks that investors should watch very closely.

Not only could shares be potential blockbuster investments but the services they provide could alter industries in ways difficult to imagine only a few short years ago.

Following are some of Cramer's disruptive tech favorites:




Adam Jeffery | CNBC

Salesforce.com

"Salesforce.com not only makes salespeople more efficient, it also eliminates the need for layers upon layers of management," Cramer explained.

The software is popular with some of the world's most influential corporate leaders.

"I was amazed, for example, to hear from CEO Marc Benioff that Jeff Immelt, the head of General Electric, uses the software to monitor his whole company's progress on his cellphone."

Cramer has been a fan of this stock for quite some time. And on Tuesday Goldman Sachs reiterated its Conviction Buy rating on Salesforce.

Workday

"Workday makes applications that human resources department might need, along with some financial management applications, too," Cramer explained. "While the business might sound boring, the numbers have been very sexy with shares gaining 164 percent since its IPO in October of last year. I don't think the run is over."

Veeva Systems

"Veeva makes software that keeps track of pharmaceutical salespeople's comings and goings with physicians," Cramer explained.

Although the Mad Money host hates to see anyone lose a job, the software could become quite popular with drug companies. "Who knows how many high-priced non-revenue producing positions that can replace?"

Wells Fargo initiated coverage of the stock with an Outperform rating while Deutsche Bank initiated coverage at a buy and a $45 price target.

Yelp

If you're an investor searching for growth, Yelp may be just what you're looking for. In its most recent earnings report, Yelp said revenue was up 68% year-over-year at $61.2 million for the quarter.

"This is a remarkably powerful and robust concept and it is working well," Cramer said.

Dropbox

Dropbox is a private company but it's technology is so disruptive, Cramer thinks it's worth including here.

"DropBox is a service that let's you store all of your photos, documents, videos—all your files—in the cloud, where you can access them easily from any computer or mobile device. They have 200 million users, and they reel you in with 2 gigabytes of free storage, then make you pay if you want to use a lot more space."

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It should be noted that most of the companies outlined above are young companies, therefore their stocks present higher risk. However, given the opportunity may be quite substantial, Cramer thinks the risk is well worth the reward.

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