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Our Top 3 AI Stock Recommendations for Big-Time Gains
Investor Place· 2024-07-24 11:07
Artificial intelligence (AI) has been a hot topic for quite some time. With the promise of enhancing productivity, efficiency and daily life, it's no wonder the topic has so much interest. Market experts also weigh its potential to grow and transform various industries. Marketing, retail, healthcare, transportation, education, agriculture, manufacturing — you name it, AI can be used in it. That's why investors are scrambling to look for the top AI stocks to ride that wave up. Today, I'll cover three of the ...
Why the Market Dipped But ServiceNow (NOW) Gained Today
ZACKS· 2024-07-18 22:51
ServiceNow (NOW) closed at $738.77 in the latest trading session, marking a +0.37% move from the prior day. This move outpaced the S&P 500's daily loss of 0.78%. On the other hand, the Dow registered a loss of 1.29%, and the technology-centric Nasdaq decreased by 0.7%. The upcoming earnings release of ServiceNow will be of great interest to investors. The company's earnings report is expected on July 24, 2024. The company is predicted to post an EPS of $2.85, indicating a 20.25% growth compared to the equiv ...
Bell Canada and ServiceNow announce expanded multi-year strategic agreement to accelerate Bell's digital transformation and leadership in AI-powered solutions
Prnewswire· 2024-07-18 12:00
Bell to expand use of the ServiceNow platform to augment tech services portfolio for Bell Business Markets enterprise customers as well as transform its network and IT infrastructure Now Platform to streamline business-critical areas for Bell, including Network, Customer, Field Service Operations, and Corporate Services MONTRÉAL and SANTA CLARA, Calif., July 18, 2024 /PRNewswire/ - Bell Canada, Canada's communications, tech services and digital media leader, and ServiceNow (NYSE: NOW), the AI platform for b ...
ServiceNow (NOW) Is Considered a Good Investment by Brokers: Is That True?
ZACKS· 2024-07-17 14:31
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important? Let's take a look at what these Wall Street heavyweights have to say about ServiceNow (NOW) before we discuss the reliability of brokerage recommendations and how to use them to your advantage. ServiceNow currently has an average brokerage recommendation ...
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of ServiceNow, Inc. - NOW
GlobeNewswire News Room· 2024-07-12 19:10
[Click here for information about joining the class action] CONTACT: Danielle Peyton Pomerantz LLP dpeyton@pomlaw.com 646-581-9980 ext. 7980 NEW YORK, July 12, 2024 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of ServiceNow, Inc. ("ServiceNow" or the "Company") (NYSE: NOW). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. 7980. The investigation concerns whether ServiceNow and certain of its officers and/or directors have ...
ServiceNow (NOW) Ascends While Market Falls: Some Facts to Note
ZACKS· 2024-07-11 22:51
The investment community will be paying close attention to the earnings performance of ServiceNow in its upcoming release. The company is slated to reveal its earnings on July 24, 2024. The company is predicted to post an EPS of $2.85, indicating a 20.25% growth compared to the equivalent quarter last year. At the same time, our most recent consensus estimate is projecting a revenue of $2.61 billion, reflecting a 21.22% rise from the equivalent quarter last year. Furthermore, it would be beneficial for inve ...
ServiceNow (NOW) Loses 5% in a Week: Should You Buy the Dip?
ZACKS· 2024-07-11 15:06
ServiceNow (NOW) shares have declined 5.4% in the past week. Year to date, NOW shares have returned 5.2%, underperforming the Zacks Computer & Technology sector's gain of 29.4% and the S&P 500's 17.7%. ServiceNow's prospects have been suffering from challenging macroeconomic conditions, including persistent inflation that has led to lengthening in deal closure timings. The recent dip can be attributed to growing skepticism over NOW's growth prospects in the second half of 2024, which is unwarranted in our v ...
ServiceNow, Inc. (NOW) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Investors to Seek Compensation for Alleged Wrongdoings
GlobeNewswire News Room· 2024-07-09 22:30
NEW YORK, July 09, 2024 (GLOBE NEWSWIRE) -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of ServiceNow, Inc. ("ServiceNow" or "the Company") (NYSE: NOW). Investors who purchased ServiceNow securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/NOW. Investigation Details On July 8, 2024, Guggenheim downgraded ServiceNow to Sell from Neutral, opining that the Company ...
Why AI Stock ServiceNow Stock Got Mashed on Monday
The Motley Fool· 2024-07-08 21:47
Now a sell, one pundit believes In his note detailing the downgrade, DiFucci wrote that ServiceNow "seems to be expecting an uptick in GenAI business in the second half, but our field work indicates this is not likely until 2025, if ever." ServiceNow is slated to unveil those second-quarter results on Wednesday, July 24. On average, analysts tracking the stock are expecting the company to post revenue of just over $2.6 billion, and per-share earnings of $2.84. ServiceNow (NOW -4.99%) has been a popular stoc ...
ServiceNow Faces Mixed Analyst Opinions: Guggenheim Downgrades While Needham Sees Strong Growth Potential
Benzinga· 2024-07-08 18:07
Loading... Loading... ServiceNow Inc NOW shares are trading lower after Guggenheim analyst John Difucci downgraded the stock from Neutral to Sell with a $640 price target. Needham analyst Mike Cikos reiterated ServiceNow with a Buy and a $900 price target. Cikos noted that in each of the past five quarters, ServiceNow has surpassed quarterly cRPO and Subscription Revenue guidance. The analyst anticipated ServiceNow can sustain 20%-plus growth over the medium-/long-term, where the company's unified platform ...