Cramer Interviews Salesforce.com CEO Marc Benioff
"Just because a stock has had an incredible run, that doesn't mean it won't go higher still," Cramer said Thursday.
The "Mad Money" host was referring to Salesforce.com , a technology company that offers cloud-computing software and services. Its stock is up more than 500 percent since CEO Marc Benioff appeared on the broadcast in November 2008. Despite it being in the depths of the Great Recession, Benioff said things would get better. It seems he was right, Cramer said.
Although Salesforce has only been around 12 years, it's already worth more than $18 billion. Given how fast cloud-computing is growing, Cramer thinks Salesforce could potentially end up being worth even more. After all, he thinks Salesforce is the king of the cloud.
On Thursday, Salesforce reported a strong quarter. It delivered earnings of 28 cents a share, beating estimates by one penny, on stronger-than-anticipated revenues. The company also gave better-than-expected guidance for the next quarter and the whole year. So to learn more about the quarter and its future prospects, Cramer invited Benioff back to "Mad Money." Watch the video to see the full interview.
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