Dionysis Partsinevelos
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We recently published a list of Jim Cramer Nailed These 11 Stock Predictions. In this article, we are going to take a look at where monday.com Ltd. (NASDAQ:MNDY) stands against other stocks that Jim Cramer discusses.
Back in 2024, on May 15, a caller asked about monday.com Ltd. (NASDAQ:MNDY), curious about its potential and options activity. Cramer saw the company as a strong junior version of Salesforce.
“I know a lot of people feel that it’s going to get a takeover bid — I can’t acknowledge anything, I don’t know anything about a takeover bid. I do know this: my Monday is a very good Salesforce.com — mini Salesforce.com. You could call it maybe a junior Salesforce.com is the way to put it. And they’re very smart people. I would not bet against them.”
Software engineers collaborating on a project while seated in a shared workspace.
The stock outperformed as Cramer predicted, gaining 28.34% and showing solid execution in its category. monday.com Ltd. (NASDAQ:MNDY) is gaining traction as a fast-moving project management platform with strong enterprise appeal.
Overall, MNDY ranks 11th on our list of stocks that Jim Cramer discusses. While we acknowledge the potential of MNDY as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than MNDY and that has 100x upside potential, check out our report about this cheapest AI stock.
READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.
Disclosure: None. This article is originally published at Insider Monkey.
