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3 Promising AI and Automation Stocks to Buy for the Next Tech Revolution
Investor Place· 2024-06-25 19:35
According to a report by McKinsey, AI technologies could potentially deliver additional global economic output of $13 trillion by 2030. In addition, the management consulting group suggests that AI and automation "…are transforming businesses and will contribute to economic growth via contributions to productivity." Rockwell Automation (ROK) Industrial automation and digitalization solutions heavyweight Rockwell Automation (NYSE:ROK) offers factory automation software, industrial control systems and informa ...
Great News for ServiceNow Stock Investors
The Motley Fool· 2024-06-19 09:08
Fool.com contributor Parkev Tatevosian discusses what the news could mean for ServiceNow (NOW 0.64%) stock investors. The company beat expectations on the top and bottom lines in the latest quarter. *Stock prices used were the afternoon prices of June 15, 2024. The video was published on June 17, 2024. ...
ServiceNow Stock Analysis: Here's What Investors Should Know
The Motley Fool· 2024-06-19 01:58
Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends ServiceNow. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool. ...
ServiceNow (NOW) Stock Slides as Market Rises: Facts to Know Before You Trade
ZACKS· 2024-06-17 22:56
The latest trading session saw ServiceNow (NOW) ending at $725.50, denoting a -0.42% adjustment from its last day's close. The stock's change was less than the S&P 500's daily gain of 0.77%. At the same time, the Dow added 0.49%, and the tech-heavy Nasdaq gained 0.95%. Coming into today, shares of the maker of software that automates companies' technology operations had lost 4.77% in the past month. In that same time, the Computer and Technology sector lost 3.05%, while the S&P 500 gained 3.71%. Investors w ...
You Won't Believe What the ServiceNow CEO Just Said
The Motley Fool· 2024-06-17 13:55
*Stock prices used were the afternoon prices of June 13, 2024. The video was published on June 15, 2024. The CEO is optimistic about the company's prospects amid the rising effectiveness of artificial intelligence. Fool.com contributor Parkev Tatevosian discusses what the comments could mean for ServiceNow (NOW -1.13%) stock investors. ...
Where Will ServiceNow Stock Be in 3 Years?
The Motley Fool· 2024-06-12 22:30
The leader in digital workflow services still has a bright future. ServiceNow's (NOW 1.33%) stock has rallied more than 50% over the past three years as the S&P 500 advanced about 26%. The cloud software provider's shares suffered a steep decline in 2022 as the macro headwinds throttled its growth and compressed its valuations, but it bounced back in 2023 as it overcame some of those challenges. What happened to ServiceNow over the past three years? That business model is well insulated from macro headwinds ...
Strength Seen in ServiceNow (NOW): Can Its 4.8% Jump Turn into More Strength?
ZACKS· 2024-06-06 11:36
ServiceNow (NOW) shares soared 4.8% in the last trading session to close at $704.11. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 5.8% loss over the past four weeks. This maker of software that automates companies' technology operations is expected to post quarterly earnings of $2.85 per share in its upcoming report, which represents a year-over-year change of +20.3%. Revenues are expected to be $2.61 billion, up 21.2% from th ...
Should You Buy ServiceNow Stock on the Dip?
The Motley Fool· 2024-06-05 14:00
Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends ServiceNow. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool. ...
ServiceNow, Inc. (NOW) BofA Securities 2024 Global Technology Conference - (Transcript)
Seeking Alpha· 2024-06-05 06:24
ServiceNow, Inc. (NYSE:NOW) BofA Securities 2024 Global Technology Conference Call June 4, 2024 3:30 PM ET Company Participants Chirantan Desai - President and Chief Operating Officer Conference Call Participants Bradley Sills - Bank of America Securities Bradley Sills Delighted to be welcoming ServiceNow to the conference. We are very fortunate to have COO, CJ Desai with us. Thank you, CJ, for joining us. Chirantan Desai Delighted to be here. Bradley Sills I'm Brad Sills, Senior Analyst on large cap softwa ...
ServiceNow, Inc. (NOW) TD Cowen's 52nd Annual Technology, Media & Telecom Conference (Transcript)
2024-05-31 20:06
ServiceNow, Inc. (NYSE:NOW) TD Cowen's 52nd Annual Technology, Media & Telecom Conference May 29, 2024 1:15 PM ET Company Participants Chirantan Desai - President & COO Conference Call Participants James Wood - TD Cowen James Wood Thank you, everyone, for joining. I'm Derrick Wood, senior analyst covering enterprise software at TD Cowen. We have CJ Desai, President and COO of ServiceNow. Thanks for coming. Chirantan Desai Thank you for having me. Question-and-Answer Session Q - James Wood And just a reminde ...