Jim Cramer Highlights Shopify's Deal with OpenAI

Shopify Inc. (NASDAQ:SHOP) is one of the stocks Jim Cramer recently expressed his thoughts on. Cramer mentioned the AI-related catalysts around it, as he remarked:

“My expectation is we’ll continually be surprised by the new things that these companies can accomplish. Like today, when OpenAI announced this amazing deal with Etsy and Shopify to enable direct purchases in ChatGPT, that’s a huge use case, and it jolted those two stocks to the stratosphere. That’s the kind of thing that can happen over and over again as the underlying AI technology just gets better and better.”

Shopify Inc. (NASDAQ:SHOP) provides a commerce platform that helps businesses manage products, payments, fulfillment, customer relationships, and analytics across online, retail, and social channels. Sands Capital stated the following regarding Shopify Inc. (NASDAQ:SHOP) in its second quarter 2025 investor letter:

“Shopify Inc. (NASDAQ:SHOP) is a leading global provider of ecommerce solutions for merchants operating outside of Amazon’s ecosystem. In the first quarter, Shopify overcame concerns about macroeconomic uncertainty and tariff-driven price increases to grow gross merchandise value (GMV) by over 20 percent. This marked the seventh consecutive quarter of GMV growth exceeding 20 percent and the fifth straight quarter growing at more than twice the pace of overall U.S. ecommerce. Free cash flow margins expanded by 300 basis points, supporting an eighth consecutive quarter of free cash flow growth above 25 percent. In our view, these results reinforce the case for Shopify’s long-term growth potential. We expect the business to continue outpacing the broader ecommerce market, driven by new merchant additions, higher same-store sales, increased take rates, and ongoing expansion across international markets and larger retail segments.”

While we acknowledge the potential of SHOP 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.