ServiceNow Declines 10% in a Month: Is the Stock a Buy on the Dip?
ServiceNow(NOW) ZACKS·2025-01-14 23:36
ServiceNow (NOW) shares have declined 10% in the past month due to a challenging macroeconomic environment. We believe the dip offers a massive buying opportunity, given NOW’s strong Generative AI (GenAI) portfolio, expanding clientele and rich partner base.These have been the key catalysts that helped the ServiceNow shares return 39.3% over the trailing 12-month period, outperforming both the Zacks Computer & Technology sector and the Zacks Computers – IT Services industry’s appreciation of 30.4% and 9.7%, ...