Shocking Grasp is also one of the few spells that remove the reaction of the opponent. If the thing you're fighting has a powerful reaction power like parry, an attack, or reaction spells, taking their reaction away can be quite a potent ability for a cantrip. I believe only the monk with Stunning Attack or an Open Hand monk has the ability to prevent a creature from taking a reaction. I like to have cantrips for a variety of situations. Shocking Grasp can be an effective tactical ability against creatures with lots of reaction. A shocking grasp against a hydra can prevent AoOs from its head. A shocking grasp on a caster can prevent the use of the shield spell or a counterspell. I think any good wizard would want shocking grasp in their repertoire for use against creatures with strong reaction abilities.
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