Jim Cramer Nominates ServiceNow "For the Best Quarter This Whole Entire Week"

ServiceNow, Inc. (NYSE:NOW) is one of the stocks in focus in the game plan Jim Cramer shared. Cramer was quite optimistic about the company during the episode as he commented:

“My nomination for the best quarter this whole entire week, ServiceNow, Bill McDermott’s cloud software company, which I think will have the most AI for any tech service company backed up by big orders. Bill’s quietly become the most successful non-mega cap CEO in the entire market. It’s a solid opportunity for next week or next year, for that matter.”

ServiceNow, Inc. (NYSE:NOW) provides cloud-based digital workflow solutions through its Now Platform, which uses AI, automation, analytics, and low-code tools. During the lightning round of October 7, a caller inquired about the stock, and Cramer replied:

“I think ServiceNow is one of the few software-as-a-service stocks that I can still recommend without hesitation. I think Bill’s doing terrific with that company, and he’s a real great representative of his institution.”

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