US Senators and Congress Members Love This AI Stock

Core Insights - ServiceNow Inc (NYSE:NOW) is highlighted as one of the best AI stocks to buy, with notable purchases by American politicians indicating confidence in the stock [1][2]. Financial Performance - ServiceNow's subscription revenue increased by approximately 22% year over year, and the company has raised its subscription revenue guidance for the full year [2]. - The company aims for $1 billion in annual contract value from AI-related products by 2026, showcasing its leadership in monetizing generative AI within the IT sector [3]. Market Position and Strategy - ServiceNow operates at the application layer of the AI ecosystem, positioning itself to benefit from the growing implementation of AI workflows in enterprises [2]. - ClearBridge Select Strategy recognizes ServiceNow as a leader among software peers in the AI space, although it suggests that other AI stocks may offer higher potential returns with limited downside risk [3].