Jim Cramer Talks About Elon Musk & Discusses These 11 Stocks

6. ServiceNow, Inc. (NYSE:NOW)

Number of Hedge Fund Holders In Q4 2024: 110

ServiceNow, Inc. (NYSE:NOW) is a software-as-a-service (SaaS) company that enables businesses to manage their daily operations. Its shares have lost 22.9% year-to-date as a weak 2025 guidance and economic concerns have created headwinds. However, ServiceNow, Inc. (NYSE:NOW)’s shares jumped by 8% in aftermarket trading after the firm’s Q1 profit-per-share of $4.04 beat analyst estimates of $3.83 and it raised its full-year subscription revenue guidance to $12.640 billion and $12.680 billion from an earlier $12.635 billion and $12.675 billion. Here’s what Cramer said ahead of the results:

“For instance, there are three notes today about ServiceNow, which is about to report. That DOGE may have gotten involved. . .and some of the federal contracts could be at risk. . .so there’s a lot of negative chatter for a loved stock. For ServiceNow. Will McDermont, that’s a loved stock. And they report tomorrow.”