ServiceNow, Inc. (NYSE:NOW) is a software company discussed by Jim Cramer, with shares down 15% year-to-date due to a shift towards AI-focused software companies. Cramer believes ServiceNow could assist the US government with producing accurate inflation and labor market data.

Cramer maintains that ServiceNow, Inc. (NYSE:NOW) remains a strong long-term AI play, despite short-term challenges. He cites the company’s strong AI capabilities and advises against betting against it. However, some AI stocks may offer greater returns with limited downside risk.

For those seeking investment opportunities, an extremely cheap AI stock that benefits from Trump tariffs and onshoring is highlighted in a free report. While NOW shows potential, other AI stocks may offer higher returns. Explore more stocks that could double in three years or hidden AI stocks for investing options.

Read more at Yahoo Finance.: ServiceNow, Inc. (NOW) Could Take Over And Release Government’s Job Market Reports, Says Jim Cramer