Jim Cramer on Atlassian: “I no longer recommend the stock of TEAM”
Atlassian Corporation (NASDAQ:TEAM) is one of the stocks Jim Cramer put under the microscope. A caller asked for an opinion on the stock, noting its sharp decline from a 52-week high of 325 to a low of 150 and expressing interest in buying in. Cramer replied: “No, see, TEAM is being hurt by the same thing. It’s hurting a lot of this, the other companies in the software business. People feel that they can create their own product that’s just as good as TEAM using artificial intelligence. That’s why I no lo ...