[video] Cramer Quick Take: All Eyes on Salesforce

Tickers in this article: CRM MSFT
NEW YORK (TheStreet) -- While most of the second-quarter earnings are in the books, there's still a few companies scattered around the calendar that have yet to report.

One is Salesforce.com , which reports after the bell Thursday. TheStreet's Jim Cramer told Debra Borchardt the software company's stock has fluctuated wildly over the past several months, making it very hard to predict the next direction.

While not wanting to sell the company short, figuratively speaking, Cramer said he wants to see the results before stepping in as a buyer. Salesforce.com is one of the few companies that have social, mobile and cloud all under one roof.

He added that he wants to see three things come Thursday afternoon: If gross margins are improving, if the company is pulling in larger contracts and if the big contract with Japan will be affected by currency headwinds.

When asked if Microsoft's recent woes have helped Salesforce.com, Cramer said the latter is so far ahead, it doesn't really matter.

The company has been fairly active in the M&A space and Cramer concluded that it's been doing all the right things. He just wants to see the quarter before moving ahead.

-- Written by Bret Kenwell in Petoskey, Mich.