Cramer Quick Take: Waiting for Answers From Salesforce's CEO
NEW YORK (TheStreet) -- Jim Cramer told Debra Borchardt at TheStreet.com Thursday that he's waiting for answers from Salesforce.com(CRM) CEO Marc Benioff on tonight's "Mad Money" before he decides whether the company is overvalued.
Cramer said that Benioff has always been focused on revenue growth, which is why on a revenue basis the company's valuation makes sense.But with the media increasingly critical of the company's growth along with its profits, Cramer said it's time for some answers from the CEO. He said over the past year the stock has done little, so maybe there's something to the recent reports.
Watch the full Cramer interview here.
--Written by Scott Rutt in Washington, D.C.
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