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“I Can’t Imagine How Poorly It’s Doing”


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Accenture plc (NYSE:ACN) is without doubt one of the shares on Jim Cramer’s radar. A caller requested for Cramer’s ideas on the corporate, and he replied:

“Accenture was one of many worst-performing shares on Friday. I can’t imagine how poorly it’s doing. I’m not going to get behind it till we discover out what the heck is actually happening there.”

Jim Cramer on Accenture: "I Can’t Believe How Poorly It’s Doing"
Jim Cramer on Accenture: “I Can’t Imagine How Poorly It’s Doing”

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Accenture (NYSE:ACN) offers consulting, expertise, and operations providers throughout industries, and affords options in AI, automation, software program, and programs integration. It additionally develops robotics and {hardware} merchandise and companions in analysis initiatives like human-centered AI. Throughout a Could episode, a caller inquired whether or not splitting the corporate might be a sensible transfer going ahead. Cramer replied:

“No, don’t want to do this. No, don’t want to do this. Now, this inventory went down due to DOGE. Now that Elon Musk is again to Tesla, I really assume you’d purchase Accenture. I’ve been listening to Julie Candy. I believe she’s sensible as a whip, and Accenture could also be an organization that may actually assist quite a lot of corporations proper right here.”

Whereas we acknowledge the potential of ACN as an funding, we imagine sure AI shares supply better upside potential and carry much less draw back threat. Should you’re in search of an especially undervalued AI inventory that additionally stands to learn considerably from Trump-era tariffs and the onshoring development, see our free report on the greatest short-term AI inventory.

READ NEXT: 30 Shares That Ought to Double in 3 Years and 11 Hidden AI Shares to Purchase Proper Now.

Disclosure: None. This text is initially revealed at Insider Monkey.