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Home.forex news reportJim Cramer Says ServiceTitan’s Report “Breathed New Life Into the Stock”

Jim Cramer Says ServiceTitan’s Report “Breathed New Life Into the Stock”

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ServiceTitan, Inc. (NASDAQ:TTAN) is one of the stocks Jim Cramer expressed thoughts on. Cramer highlighted the company’s recent quarter during the episode, as he stated:

“Last week, we got earnings from a company called ServiceTitan. It’s a software provider to all sorts of tradespeople, especially the building trades. This is a company that came public roughly a year ago. It was trading around $100 a share. At that time, I told you that I liked this story, but I thought you should wait for a pullback before you did any buying. Sure enough, ServiceTitan pulled back to around $80 in March before surging to $131 and change at its peak in May, then pulling back to the mid-80s again about three weeks ago. But since those lows, the stock has rallied more than 20 bucks. Doesn’t hurt that ServiceTitan reported last week, it delivered a healthy revenue beat with a better-than-expected operating income number, and that breathed new life into the stock as it should.”

A laptop and a computer monitor display a detailed stock market technical analysis chart. Photo by Jakub Zerdzicki on Pexels

ServiceTitan, Inc. (NASDAQ:TTAN) provides a cloud platform that helps contractors run their businesses by handling scheduling, dispatching, estimates, invoicing, payments, and other daily workflows. Moreover, the company offers specialized software for trades like pest control and landscaping, along with fintech tools.

While we acknowledge the potential of TTAN 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.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

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



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