Fair Isaac Corporation (NYSE:FICO) was among the stocks on Jim Cramer’s radar on Mad Money, as he advised investors to care about where a stock is going, not where it has been. During the lightning round, a caller asked for Cramer’s opinion of the stock. He replied:
Okay, this is a company a lot of people feel is going to be hurt by AI. And I gotta tell you, I like the company, but I’m not going to go there because I’m not going to get in the crosshairs anymore of these companies that might get hurt by AI. It’s too painful.
A stock market chart. Photo by Arturo A on Pexels
Fair Isaac Corporation (NYSE:FICO) provides analytics software and predictive scoring solutions that help businesses and consumers make informed financial decisions. The company’s products include tools for fraud detection, customer management, and credit risk assessment. During the April 17 episode, a caller asked Cramer what he thought about it, and he responded:
Okay, here’s the problem: I think FICO is not as easily disrupted as the market thinks, but as long as it’s out there, every time it lifts, people are going to sell the stock. It’s like Intuit. It’s like Workday. It’s like ServiceNow. It just, you can’t stop the flood of thoughts that Anthropic is going to destroy your company. So I’m not going to get into that hornet’s nest, I’m sorry, even though I like the company.
While we acknowledge the risk and potential of FICO as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than FICO and that has 10,000% upside potential, check out our report about this cheapest AI stock.
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