Automatic Data Processing, Inc. (NASDAQ:ADP) is included in Mad Money’s latest recap as Jim Cramer outlined his strategy for market sell-offs. A caller inquired if the company will be helped or hurt by AI, and in response, Cramer said:

You know, I have to tell you… This is a great question because I spent the weekend going over the ones that I think are really being killed. I don’t think they can be easily taken down because you need them when you go in front of the IRS.

But you know what? It doesn’t matter… People have decided that this company can be disenfranchised just like Paychex, so they just think that people can create programs that tell you more. And I’ve got, and also of course, they think that unemployment’s going to make it so that there’ll be fewer people having paychecks. I want so much to say you should buy it, but I’ve seen what they did to Paychex, and they can do it to Automatic Data.

A stock market chart. Photo by Arturo A on Pexels

Automatic Data Processing, Inc. (NASDAQ:ADP) provides cloud-based human capital management platforms and HR outsourcing services. The company offers software for payroll, compliance, talent management, and employee benefits administration.

While we acknowledge the potential of ADP 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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