Jim Cramer on Super Micro Computer and Other Stocks

Page 9 of 9

1. Accenture plc (NYSE:ACN)

Number of Hedge Fund Holders: 68

Recently, during a lightning round, Cramer highlighted the company praising their strong relationship and effective integration services. He believes the stock is a great investment opportunity at this time.

“That’s one of Jensen Huang’s go-to. Nvidia and Accenture are having a fantastic relationship, doing a terrific job. A lot of companies, indeed, they call Accenture and say how do we get integrated? And then they do it. They just really are good. I think Accenture is a great buy here.”

Accenture plc (NYSE:ACN) is a global professional services firm that specializes in strategy and consulting, technology, and operations. The company has a range of offerings, including but not limited to, application services and intelligent automation.

On October 2, Accenture (NYSE:ACN) and NVIDIA announced an expanded partnership, which will include Accenture’s formation of a new NVIDIA Business Group aimed at accelerating AI adoption among enterprises.

The partnership is particularly significant given the surging demand for generative AI, which contributed to $3 billion in the company’s bookings for the last fiscal year. The new group will support clients in establishing foundational capabilities for agentic AI through its AI Refinery, leveraging the complete NVIDIA AI stack to innovate in areas like process transformation and AI-driven simulations.

Additionally, Accenture (NYSE:ACN) is set to introduce the NVIDIA NIM Agent Blueprint, a tool designed for simulating virtual robot fleets. The blueprint incorporates NVIDIA’s Omniverse, Isaac, and Metropolis software, empowering industrial firms to develop autonomous, robot-operated facilities.

The company plans to implement these advanced capabilities at Eclipse Automation, a manufacturing automation subsidiary. The initiative is expected to advance operational efficiency, achieving design timelines that are up to 50% faster and reducing cycle times by 30% for its clients.

While we acknowledge the potential of Accenture plc (NYSE:ACN) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter timeframe. If you are looking for an AI stock that is more promising than ACN but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

Read Next: $30 Trillion Opportunity: 15 Best Humanoid Robot Stocks to Buy According to Morgan Stanley and Jim Cramer Says NVIDIA ‘Has Become A Wasteland’.

Disclosure. None. Insider Monkey focuses on uncovering the best investment ideas of hedge funds and investors. Please subscribe to our daily free newsletter to get the latest investment ideas from hedge funds’ investor letters by entering your email address below.

Page 9 of 9