Was Jim Cramer Right About ServiceNow Inc. (NOW)?

We recently published a list of 12 Stocks Jim Cramer Was Right About. In this article, we are going to take a look at where ServiceNow Inc. (NYSE:NOW) stands against other stocks that Jim Cramer discusses.

Back in 2024, on May 15, a retired investor asked Cramer if he should add to his small position in ServiceNow Inc. (NYSE:NOW). Cramer gave a clear buy recommendation:

“I would buy more. I mean, I feel like I wanted to buy that stock for the trust. We owned so many in the space, we felt that we couldn’t. But that was a nice break before the quarter. When the quarter reported, it really wasn’t a bad quarter — and I think the stock’s a buy right here. ServiceNow.”

He called it a buy, and the market agreed as the stock gained 37.23% since.

A team of software engineers at desks working on code for a cutting-edge cloud computing solution.

ServiceNow Inc. (NYSE:NOW) is riding the enterprise digitization wave as its workflow automation tools prove indispensable to large corporations. Cramer remains a clear bull. Here are his remarks from earlier in May 2025:

“Right, and we want to come back to it. It was a big guide up and it had rule of 50, it had great growth, great margins. This Truist piece today, Hold to Buy, it does say something that I think people have to recognize. This company’s not a leader in AI. And I don’t even know if Jensen Huang has [inaudible] in terms of what, when you bring someone in, you can either build your own AI or you can call ServiceNow and they’ll build it for you. Even for customer relationship management. So I think you maybe want to circle back to the one that was as good last week as the one perceived now. Bill McDermott, credit to him, he’s picked up a huge number of accounts.

“[On whether DOGE would affect the stock negatively] The opposite. . .bigger winner from DOGE, people got that completely wrong. Bill is just a; he’s a closing machine.”

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Disclosure: None. This article is originally published at Insider Monkey.