Thomson Reuters Corporation (NASDAQ:TRI) is among the Stocks take center stage as Jim Cramer reviews the S&P 500’s top performers and Nasdaq 100’s biggest laggards during the first quarter.. Cramer highlighted the impact of AI on stocks, as he commented:
The eighth-worst name on the Nasdaq 100 was Thomson Reuters, down nearly 32%. And this is another example of a business services sector being affected by fears of AI competition. Thomson makes software that collects financial data, which we use here at Mad Money, and they also own Westlaw, an equally essential online legal research service. However, you don’t need Westlaw if you have a system that can review all the decisions they have written in just a few seconds. Can Claude do all the things these platforms do? Wrong question. The right question is: do you want to stick with Thomson Reuters while we wait to find out? Money managers won’t do that.
A stock market graph. Photo by Arturo A on Pexels
Thomson Reuters Corporation (NASDAQ:TRI) provides information and technology tools for legal, corporate and tax professionals. The company offers workflow solutions, generative artificial intelligence applications and international news services.
While we recognize TRI’s potential as an investment, we believe certain AI stocks offer greater growth potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that’s also benefiting significantly from Trump-era tariffs and the offshoring trend, check out our free report on best short-term AI stock.
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