We recently published a list of Jim Cramer Put These 16 Stocks Under a Microscope. In this article, we are going to take a look at where Paycom Software, Inc. (NYSE:PAYC) stands against other stocks that Jim Cramer discussed.

On Wednesday, Jim Cramer, the host of Mad Money, took to discussing how President Donald Trump’s influence shapes the market’s behavior.

“When you see a grizzly bear in Yellowstone National Park, you call a park ranger because these bears are dangerous… but the grizzlies turn into teddy bears when the rangers come, and you can’t even remember what you were so afraid of…. We can only presume that the president can turn the grizzlies on Wall Street into teddy bears with a stroke of a pen or even just a post on the social media platform he owns. I’ve never ever seen the market bend so readily to the wishes of one man. It’s extraordinary.”

READ ALSO: Jim Cramer Recently Talked About These 15 Stocks and 9 Stocks on Jim Cramer’s Radar.

Cramer also addressed the tensions between President Trump and Federal Reserve Chairman Jerome Powell. He highlighted how Powell was painted a “major loser” whose removal seemed inevitable in Trump’s eyes. Cramer noted that the President clarified he had no intention of firing Powell, which eased Wall Street’s concerns. When the name-calling between Trump and Powell stopped, Cramer observed that the stock market surged higher as investors were relieved that the possibility of a constitutional crisis was no longer a threat.

“Now, I want to say something here. I think it is actually, it’s beyond belief how easy it is for this one man to tame a bear, even if it’s a bear that he released on us in the first place.”

Cramer also pointed out that the President’s suggestion of a potential deal with China, while vague, was seen as an improvement and contributed to the market’s upward movement. He noted that for those hoping for higher stock prices, Trump’s actions seemed to have worked.

“Bottom line: That’s how powerful Trump has become on Wall Street. On days like today, it’s helpful, but for most of the year, it’s going the other way. Of course, you never know who he’ll target next. We don’t want any of the big CEOs to be trashed. That could hurt. The market doesn’t care if he goes after law firms or colleges, but going after the Central Bank, different story. Right now, Trump owns Wall Street and only he can decide if that’s going to be a good thing or a bad thing. I think it’s time to go all in on good.”

Our Methodology

For this article, we compiled a list of 16 stocks that were discussed by Jim Cramer during the episode of Mad Money aired on April 23. We listed the stocks in the order that Cramer mentioned them. We also provided hedge fund sentiment for each stock as of the fourth quarter of 2024, which was taken from Insider Monkey’s database of over 1,000 hedge funds.

Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).

A close-up of two software engineers typing away at laptops in a modern, well-lit office.

Paycom Software, Inc. (NYSE:PAYC)

Number of Hedge Fund Holders: 35

Mentioning the love towards the company’s products, a caller inquired about Paycom Software, Inc. (NYSE:PAYC) during the episode, and Cramer said, “Yeah, that’s a great human capital software, and you’re absolutely right.”

Paycom Software (NYSE:PAYC) offers a cloud-based platform that helps businesses manage the full employee lifecycle with tools for hiring, payroll, time tracking, performance, and compliance. Its software provides data-driven features to streamline HR processes and improve workforce management. Polen Capital stated the following regarding Paycom Software, Inc. (NYSE:PAYC) in its Q4 2024 investor letter:

“In the fourth quarter, the top relative contributors to the Portfolio’s performance were Shopify, Amazon, and Paycom Software, Inc. (NYSE:PAYC). Paycom Software is a leading cloud-native payroll and human capital management (HCM) software provider. Earlier in the year, we initiated a new position on weakness related to a self-inflicted go-to-market issue whereby the company was a bit heavy-handed migrating customers to its next-generation, self-serve product known as BETI. At the time, we felt this was a temporary issue very much within Paycom’s control, and recent results support this thesis. Notably, the stock was up more than 20% after solid, yet not spectacular, third quarter earnings and encouraging new customer growth, signaling the worst was behind them. We continue to believe Paycom is among the most advantaged software players in the payroll/HCM segment, with a long runway for growth ahead.”

Overall, PAYC ranks 10th on our list of stocks that Jim Cramer discussed. While we acknowledge the potential of PAYC 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 time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than PAYC but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

Disclosure: None. This article is originally published at Insider Monkey.