Jim Cramer, the host of CNBC’s “Mad Money,” lauded Salesforce.com Inc. (NYSE:CRM) for its innovative artificial intelligence product, Agentforce, and attributed the company’s stock surge to this development.
What Happened: On Monday, Cramer took to X to express his admiration for Salesforce’s Agentforce, calling it “pretty revolutionary.” He also noted that the stock’s significant rise was a logical outcome of this groundbreaking AI application.
Don’t Miss:
“The best use of AI that I have seen and it makes sense that the stock has gone up so much,” he said.
Agentforce is an AI tool designed to automate various business functions, such as customer service, marketing, and order management. The product has been integrated with Salesforce’s Customer 360 platform, aligning with the company’s broader shift towards AI-powered business automation.
Trending: With over 7.8K investors including Meta, Google, And Amazon Execs — this AI Startup’s valuation has skyrocketed from $5 million to $85 million in just three years. Be an early investor with just $1,000 for only $0.50/share today before the offer closes in 2 weeks.
Why It Matters: Salesforce’s stock has been on a bullish run, driven by the success of Agentforce. The company’s shares soared following the announcement of plans to hire over 1,000 employees to support the sales push for Agentforce. This hiring expansion was in response to the “amazing momentum” for the AI tool, with positive customer feedback since its launch.
See Also: Maker of the $60,000 foldable home has 3 factory buildings, 600+ houses built, and big plans to solve housing — you can become an investor for $0.80 per share today.
Moreover, a Golden Cross signal further fueled the stock’s bullish surge, indicating a strong uptrend. This signal, combined with the growing adoption of Agentforce by companies, has propelled Salesforce into fresh bullish territory.
Add Comment