Jim Cramer on Accenture: "I Can't Believe How Poorly It's Doing"

Accenture plc (NYSE:ACN) is one of the stocks on Jim Cramer’s radar. A caller asked for Cramer’s thoughts on the company, and he replied:

“Accenture was one of the worst-performing stocks on Friday. I can’t believe how poorly it’s doing. I’m not going to get behind it until we find out what the heck is really going on there.”

Accenture (NYSE:ACN) provides consulting, technology, and operations services across industries, and offers solutions in AI, automation, software, and systems integration. It also develops robotics and hardware products and partners in research initiatives like human-centered AI. During a May episode, a caller inquired whether splitting the company could be a smart move going forward. Cramer replied:

“No, don’t need to do that. No, don’t need to do that. Now, this stock went down because of DOGE. Now that Elon Musk is back to Tesla, I actually think you’d buy Accenture. I’ve been listening to Julie Sweet. I think she’s smart as a whip, and Accenture may be a company that can really help a lot of companies right here.”

While we acknowledge the potential of ACN as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.