S&P Global Inc. (NYSE:SPGI) is one of the stocks in focus on Jim Cramer’s game plan. Cramer highlighted how the stock is trading because of AI, as he commented:
On Tuesday, we’re back in heavy earnings rotation. We’ve got DuPont, Coca-Cola, CVS Health, AstraZeneca, Datadog, and S&P Global report… Next, we have the tales of powerful AI companies destroying little guys, and this time it’s Datadog and S&P Global… Meanwhile, somehow, the Street has decided that S&P Global isn’t worth as much as we thought, again, because of AI. Maybe the AI machines can design better indices, and you don’t have to pay S&P Global exorbitant fees to use them. I don’t buy it. But that’s how the stock has been trading… I don’t want to own this one either.
A stock market chart. Photo by Arturo A on Pexels
S&P Global Inc. (NYSE:SPGI) provides credit ratings, data benchmarks, and analytical tools for the finance, commodity, and automotive markets. The company offers investors and professionals the research and software needed to track market trends, evaluate risk, and manage investments.
While we acknowledge the potential of SPGI as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
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Disclosure: None. This article is originally published at Insider Monkey.
