Jim Cramer Says He is "Never Going to Say a Bad Word About ServiceNow (NOW)"

We recently published a list of 15 Stocks on Jim Cramer’s Radar. In this article, we are going to take a look at where ServiceNow, Inc. (NYSE:NOW) stands against other stocks that Jim Cramer discusses.

When a caller inquired about ServiceNow, Inc. (NYSE:NOW), Cramer remarked:

“Oh, oh yeah…. I bought it for the club. I gotta tell you… over and over again, I thought about it because it’s such a good company. I know its earnings are, it looks like it’s expensive stock, but in the Rule of 40, it’s terrific. I gotta hand it to Bill McDermott. I am never going to say a bad word about ServiceNow. If you want to buy some, I am certainly going to green light that. By the way, can I just tell you, I looked at what they’re doing and I say to myself, wow, they’ve really figured out AI. Where’d I get that from? Jensen Huang.”

ServiceNow (NYSE:NOW) provides a cloud platform that uses AI, automation, and low-code technology to support digital workflows. The company’s tools are used in IT, customer service, risk, HR, legal, and other business areas.

Overall, NOW ranks 2nd on our list of stocks that Jim Cramer discusses. While we acknowledge the potential of NOW as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

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