Jim Cramer Says ServiceNow CEO "Gotta Bring His A Game to Explain What's Happening"

ServiceNow, Inc. (NYSE:NOW) is one of the stocks in focus as Jim Cramer shared his weekly game plan. Cramer highlighted the anticipation for the company’s earnings report, as he said:

Oh, and if you want to know what could be the biggest report of the week, well, at least in terms of consequences, I think it’s going to be NOW. I think it’s going to be ServiceNow. For years, this company and Salesforce were leaders in software as a service enterprise software, we call it. Both businesses have continued to do very well, but their stocks aren’t playing ball.

ServiceNow stock is down more than a hundred points from its high. I’ve never seen that in terms of percentage. This, to the CEO Bill McDermott, he’s gotta bring his A game to explain what’s happening and tell us that this is merely a broken stock, not a broken company. We are really going to be glued to that one.

ServiceNow, Inc. (NYSE:NOW) provides a cloud platform that supports digital workflows through AI, automation, low-code tools, analytics, and a suite of IT, security, customer service, and employee experience products.

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