ServiceNow: A Defensive Tech Play With AI-Driven Growth Revival

Core Viewpoint - ServiceNow, Inc. is positioned as a defensive technology stock due to its maturing profile, especially in a market environment that may pressure valuations where narratives are not supportive [1]. Group 1: Company Analysis - ServiceNow's maturing profile is highlighted as a strong reason for its defensive positioning in the current market [1]. - The company is likely to face valuation pressures in a market that does not support certain narratives, making its defensive characteristics more appealing [1]. Group 2: Market Context - The current market conditions are characterized by potential pressures on valuations, particularly for companies lacking supportive narratives [1].