“Bill McDermott’s a Great Jockey”
From Yahoo Finance: 2025-05-05 16:50:00
Jim Cramer expressed frustration over skepticism towards AI infrastructure, citing lack of evidence. He questioned the spread of doubt and criticized media for spotlighting bearish voices with financial motives. Despite setbacks, he believes AI stocks hold promise for higher returns, urging investors to consider alternatives to NOW.
ServiceNow, Inc. (NOW) ranks 2nd on Jim Cramer’s list of discussed stocks. It offers digital tools to automate tasks for better operational management. Despite potential, focus on AI stocks for higher returns. Consider alternative AI stocks for promising gains at a lower valuation than NOW.
Bill McDermott’s leadership at ServiceNow praised by Cramer as transformative. NOW mentioned positively for AI leadership. Hedge fund holders count at 110. Ithaka Group highlights NOW’s cloud-based software solutions for global enterprises. Stock fell due to changes in revenue recognition for AI Agents offering.
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