Jim Cramer's Investing Club meeting Wednesday: Overbought market, Salesforce, Alphabet

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. ET. Here's a recap of Wednesday's key moments. Holding off on buying Be wary of Salesforce downgrade Watch for potential Alphabet pop 1. Holding off on buying Stocks rose Wednesday to continue a positive start to the year, spurred by economic data suggesting the Federal Reserve is making headway in its fight against inflation.

But we disagree with their thesis since soon-to-be sole CEO Marc Benioff reportedly told employees about half of Salesforce account executives brought in more than 95% of deals, with the lack of productivity stemming largely from newer hires. 3. Watch for potential Alphabet pop While tech has gained this week on the back of upbeat economic data, there is one stock, in particular, we expect to rise even further.

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