Acuity Inc. (NYSE:AYI) was among the stocks Jim Cramer highlighted, along with his latest game plan as the oil-shock-driven sell-off continues. Cramer noted the company’s valuation following its stock price decline this year. He commented:

So much of what’s related to housing and construction is slowing down rather quickly. Take the only sizable company that reports on Thursday, Acuity Brands. This is a very important commercial lighting company. Look, you have to light a business, and it is really the best in show, what it does. $8 billion company whose shares now trade, this used to be a premium multiple stock, at less than 14 times earnings, down over 25% for the year. This is a consistent grower. That price-to-earnings multiple suggests that there’s very little hope for acceleration in construction, and construction truly matters. A lot of people are involved in that industry. Bad tell.

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Acuity Inc. (NYSE:AYI) provides lighting solutions, building management systems, and specialized audio-visual control platforms.

While we acknowledge the potential of AYI 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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