Jim Cramer is back just in time for the start of earnings season.
He weighed in on Bank of America’s earnings BAC , and Salesforce CRM , after Cramer interviewed co-CEO Marc Benioff on CNBC Wednesday morning.
“Well, it’s Salesforce. Very exciting. We got to talk to [Salesforce Co-CEO] Mark Benioff and his belief that business is the greatest force for social change. And the reason I mentioned that top of mind, is cause I watched the Democratic debate last night and they all seem to be buying on who can be the most negative on capitalism. And Mark [Benioff] is saying, listen, capitalism is dead and it’s gotta be changed. And so this overall ethos cannot be dismissed when you’re picking stocks anymore. It can’t,” said Cramer.
And what about Bank of America? Are the banks still ringing the recession bells or are the surprising beats a sign of a stronger-than-expected economy?
Watch the full video for Cramer’s take.
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