ServiceNow, Inc. (NYSE:NOW) is a software stock recently discussed by Jim Cramer. Despite a 13.5% loss year-to-date, the stock rose 7.4% in late August after beating revenue and earnings estimates. Concerns about its high P/E ratio were raised, contrasting with other software firms like Salesforce and Workday.

Cramer mentioned that people are worried about ServiceNow, Inc. (NYSE:NOW) having too high a multiple. He believes the company could handle government data and outsourcing tasks efficiently. While acknowledging the investment potential of NOW, Cramer suggests that AI stocks may offer better returns with limited downside risk.

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Read more at Yahoo Finance: I’m Hearing Some Disturbing Thngs About ServiceNow, Inc. (NOW), Says Jim Cramer