NICE Ltd. (NASDAQ:NICE) is included in Mad Money’s latest recap as Jim Cramer outlined his strategy for market sell-offs. Noting that the stock has a forward PE of 9 and double-digit margins, a caller asked whether it is time to buy. In response, Cramer said:

You know, this used to be a cybersecurity company people loved because they had all sorts of different webs and cameras. I think everyone now feels that that’s been outmoded by, yes, AI. I can’t touch it. Another AI destructo. We may have to, well, we try to put together lists. It’s just, they just grow longer and longer.

A stock market chart. Photo by Arturo A on Pexels

NICE Ltd. (NASDAQ:NICE) provides AI-powered cloud platforms designed to automate customer engagement and manage financial crime and compliance. We recently discussed the analyst sentiment around the stock while discussing overlooked tech stocks. You can read more about it here.

While we acknowledge the potential of NICE 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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