10 Jim Cramer Stocks with Huge Upside Potential

7. Tyler Technologies, Inc. (NYSE:TYL)

Average Price Target Upside: 21.90%

Number of Hedge Fund Holders: 44

Last week, discussing how Tyler Technologies, Inc. (NYSE:TYL) is among the winners of the last 20 years, Cramer commented:

“In 12th place is Tyler Technologies, up 7,197%. Now here we go again. These guys provide all sorts of software products for public sector customers, think enterprise resource planning, productivity tools, data platforms, cybersecurity solutions, and much, much more.

Now these guys now dominate the public sector software space, they have for a couple years now. A very durable business, company just reported a beat and raise quarter last week. But because their bookings were a little soft, the stock pulled back a bit. I think it could be an excellent buying opportunity.”

Tyler Technologies (NYSE:TYL) delivers software and tech services designed for the public sector. The company’s offerings include cybersecurity, financial systems, public administration, licensing, property tax, education, courts, and health services. On April 25, Baird reduced its price target on TYL stock to $700 from $785 and kept an Outperform rating on the stock. The firm adjusted its model after Q1 results, which showed some mixed signals, but it still holds a positive outlook.