Reported 1 day ago
Jim Cramer recently advised investors to sell DocuSign (NASDAQ:DOCU) stock, despite having previously thought the company's innovations were promising. In a recent discussion, he expressed concern over what he perceives as weak revenue growth, stating, 'it's time to sell' after noting that market sentiment on its last earnings report was unfavorable. Additionally, while DocuSign projects a modest increase in revenue, Cramer believes that better investment opportunities exist in the AI sector.
Source: YAHOO