We recently released a list Jim Cramer's Thoughts on These 13 Stocks. In this article, we will explore ServiceNow, Inc. (NYSE:NOW) is positioned with other stocks discussed by Jim Cramer.
In Thursday's episode of "Crazy Money", Jim Cramer expressed anger at the skepticism surrounding the AI infrastructure, as he said it was never supported by good evidence. He was frustrated that so many investors were misled as thinking that the AI infrastructure boom was stagnant in some way.
"Income season, it's the pain on your neck. It's the puzzling thing that comes to you from all directions. Losing sleep is just a bad time, I love it. I love it. I love it because it clears things. The false narrative is exposed. You can recover the offense, not defense, not defense. There are few false narratives that arrive at the final story of the data center."
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According to Cramer, the story re-rooted on “DeepSeek Monday,” January 27, when a Chinese company said they developed a generated AI model that required fewer computing resources than industry leaders. He added:
"All the stocks of previous Red Hot AI infrastructure were crushed immediately. Do you know what? They never really recovered."
Cramer questioned how questions were so easily spread. He pointed out the role of the media and wondered if the journalists had completely raised the right questions or enough questions. He criticized the consistent spotlight on bearish voices, many of whom had clear financial motivations. According to Cramer, some of these commentators failed to disclose their shortage of positions in the AI department. He accused them of putting profits outside the facts, because he pointed out that for them, there was too much money to let reality interfere with their narrative. He added:
"I know it may be hard to believe that big companies that spend tens of billions of dollars will actually continue to send money to data center vendors...but that's exactly what happened, I think it's not too late and have a lot of complex members. Even if I expect us to wait a few more days, they won't stop making money at your expense."
In this article, we compile a list of 13 stocks discussed by Jim Cramer in Crazy Currency aired on April 30 and May 1. We list the fourth quarter of 2024 stocks in the order of rising hedge fund sentiment, which were taken from the database of more than 1,000 hedge funds at Insider Monkey.
Why are we interested in stocks that hedge funds to accumulate? The reason is simple: Our research shows that we can beat the market by mimicking the top stocks of the best hedge funds. Our strategy for quarterly newsletters selects 14 small and large stocks every quarter, returning 373.4% since May 2014, beating its benchmark by 218 percentage points (See more details here).
Number of hedge fund holders: 110
ServiceNow, Inc is mentioned in the episode. (NYSE:NOW), this is what the owner of Mad Money has to say:
"I'm going to say Bill McDermott, Bill McDermott is like one of those great jockeys I'm talking about. He's already turning that company around. He's doing great things there. He's the leader of AI. I think McDermott, I think McDermott, I think ServiceCiceNow. Sometimes you have to keep the faith of a great company leader." """""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""
ServiceNow (NYSE:NOW) provides digital tools to help companies automate tasks. The company’s products are designed to improve how organizations manage their day-to-day operations. Hail group The following content about the company in the company Q1 2025 Investor Letter:
“Founded in 2004, ServiceNow, Inc. (NYSE:NOW) has become the leading provider of cloud-based software solutions that define, structure, management and automatic workflow services for global enterprises. ServiceNow piloted the use of the cloud to deliver IT service management ("ITSM") applications. These applications allow users to manage incidents and to plan new IT projects, provision clouds, management application performance and build applications themselves. The company has since expanded in addition to providing workflow solutions for IT operations management, customer support, HR, security operations and other enterprise departments, in the past announcement, the AI agents for the quarter will be used in the quarter, in which a model will be used in the quarter, in which a semi-automated process will be used in different models. In the future, customers can spend time adopting (and thus paying) for new products.”
Overall, now Ranked second On the stock list we discuss by Jim Cramer. Although we acknowledge that it is an investment potential now, our belief is that AI stocks have greater hope to offer higher returns and do so in a shorter time frame. AI stocks have risen since the beginning of 2025, while popular AI stocks have lost about 25%. If you are looking for more promising AI stocks than you are now, but their earnings are trading at less than 5 times the price, check out our report Cheapest AI stocks.
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Disclosure: None. This article was originally published in Internal monkey.