ServiceNow is a strong buy, given its impressive technology, along with the low valuation relative to fundamentals. Click here to read why NOW is a Strong Buy.
Wedbush added Salesforce (CRM) and ServiceNow (NOW) back to IVES AI 30, and noted that software sell-off is overdone.
Software and data stocks, from $111 bln ServiceNow to RELX, plunged on fears that chatbots can mimic their products. For the most part, valuations now imply measly growth, rather than destruction.
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