Procore Technologies, Inc. (NYSE:PCOR) is one of the stocks Jim Cramer talked about, along with market froth. A caller sought Cramer’s opinion regarding a long-term hold in the stock. In response, he said:
Alright, now this is an enterprise software company, and we are seeing tremendous pressure on these by people who think they can go into Claude, which is owned by Anthropic, and create the same software product that they might be paying a fortune for. I don’t know if Procore can be easily, let’s say, I don’t know, copied, let’s say copied, but I do know that that’s the problem with these stocks, and they’re not going to let up. You have to be careful, Procore.
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Procore Technologies, Inc. (NYSE:PCOR) provides a cloud-based platform that enables builders and owners to manage project planning, site safety, and financial tracking. Antipodes Partners stated the following regarding Procore Technologies, Inc. (NYSE:PCOR) in its third quarter 2025 investor letter:
We trimmed our longstanding position in Microsoft against strength and initiated a position on Procore Technologies, Inc. (NYSE:PCOR), a leading US construction management software used by the largest general contractors, project owners and specialty trades globally. Concerns including competition and soft construction demand presented the opportunity to establish a position. Procore continues to see new wins and an expansion in existing contracts given it is over-indexed to non-residential segments such as datacentres, manufacturing and healthcare, despite the macro backdrop. Our analysis suggests Procore can see revenue growth re-accelerate towards high-teens as overall construction demand improves, broader industry digitisation drives technology adoption and its go-to-market ramps to secure greater share in new geographies and segments.
While we acknowledge the potential of PCOR 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.
