Jim Cramer Discussed 15 Stocks, Including Broadcom, Netflix, and His Skepticism Toward Tech Stocks

10. Thomson Reuters Corporation (NASDAQ:TRI)

Thomson Reuters Corporation (NASDAQ:TRI) was among the stocks Jim Cramer commented on, saying that tech stocks cannot be trusted to lead anymore. A caller asked if Wall Street is wrong to price the stock “like a legacy publisher.” Cramer replied:

I’ll tell you the truth… Look, I understand why you think that Wall Street is wrong, but the problem is that this is media, and media has been decimated by all things AI, and I can’t get behind it. It’s just too hard for me. I don’t want to do it.

Thomson Reuters Corporation (NASDAQ:TRI) provides information and technology tools for legal, corporate, and tax professionals. The company delivers workflow solutions, generative AI applications, and international news services. Cramer noted the impact of AI on the stock during the April 1 episode. He remarked:

The eighth-worst name in the Nasdaq 100 was Thomson Reuters, down nearly 32%. And this is another example of a business services play getting hit by AI competition fears. Thomson makes software that compiles financial data, which we use here at Mad Money, and they also own Westlaw, a similarly essential online legal research service. You don’t need Westlaw, though, if you have a system that can comb through all the decisions they’ve written in just a few seconds. Can Claude do all the things these platforms do? Wrong question. The right question is, do you want to stick with Thomson Reuters while we wait to find out? Money managers won’t do that.