Cramer: Little doubt Salesforce gains more

(Click for video linked to a searchable transcript of this Mad Money segment)

There are lots of trends in tech. But Cramer doesn't think any of them can touch 'the cloud'.

"It's a truly disruptive technology that is crushing traditional hardware based tech firms as well as old-fashioned software plays that can't compete in a cloud-computing world," Cramer said.

By 'the cloud' Cramer is referring to the practice of using a network of remote servers hosted on the Internet to store, manage, and process data, rather than a local server or a personal computer.

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If you're looking to leverage the trend, Cramer says. "one stock is all but synonymous with the theme;"

Had you established a long position in November of 2008, after CEO Marc Benioff appeared on Mad Money, you'd have realized a gains of 678%!

The company's latest results, released Thursday after the bell, seem to confirm the advance. raised its fiscal 2014 sales outlook after reporting better-than-expected revenue and earnings on Thursday, which the Street took as a sign that the company will continue its red-hot growth trajectory.

"I have no doubt the stock goes up more after this. It was a very good quarter," said Cramer.

The company raised its full-year revenue guidance to between $4 billion and $4.025 billion, in line with Wall Street expectations of roughly $4 billion.

The forecast sent shares 8 percent higher after the bell to $47.

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Salesforce said second-quarter revenue rose 31 percent to $957 million, as demand among corporate customers for cloud-based sales and marketing software remained strong.

That translated into second-quarter earnings of 9 cents a share on Thursday, topping expectations of 7 cents, according to analysts polled by Thomson Reuters I/B/E/S. Salesforce said it expects earnings per share of between 32 cents and 34 cents for the full year.

For the current quarter, Salesforce said it expects to break $1 billion in quarterly revenue for the first time in its 14-year history.

*Reuters contributed to this report

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