Sometimes headlines trumpet the wrong news, Cramer said during Friday’s Stop Trading!. Such was the case following Salesforce.com’s latest quarter, when news reports called the numbers disappointing.
But after looking through the company’s official release and listening to the conference call, Cramer had to disagree. He called the quarter “monster,” pointing especially to Salesforce.com’s high growth.
“It’s the only company I follow,” Cramer said, “that has 40% growth.”
Just last week Cramer called Salesforce a “stratospheric growth stock” and listed it among four others – Apple , Deckers Outdoor , Intuitive Surgical and Chipotle – that were powering the market higher at the time. He is still bullish on CRM.
When this story first published, Cramer's charitable trust owned Apple.
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