12 Stocks on Jim Cramer’s Radar Recently

6. Accenture plc (NYSE:ACN)

Number of Hedge Fund Holders: 79

A caller asked if Accenture plc (NYSE:ACN) would be a good buy. In response, Cramer remarked:

“Accenture got, apparently, the way that people are looking at Accenture is that Accenture’s being hurt by the DOGE crowd, and if that’s the case, you can’t go against DOGE. It’s, I’ll tell you the truth, it’s better to buy Palantir.”

Accenture (NYSE:ACN) is a professional services company that focuses on strategy, consulting, technology, and operations. It provides services like application solutions and intelligent automation. On March 21, Cramer stated:

“Alright, Accenture okay. This is the other side of the Tesla trade, this stock has now dropped from 396 to 296 and that’s because on the call, they said look, we have a huge percentage of our business is federal. And, we’ve been told, there’s not a lot procurement going on. Because everything’s frozen. And it’s crushed their business. So if you think that Musk leaves to go to Tesla, you can go buy Accenture. And maybe pick up fifty, sixty points. So there’s the other side of the trade for those are ready to go bullish.”