If You're Ever Going To Buy ServiceNow, This Is The Time (Rating Upgrade)

Core Insights - Patience is highlighted as a valuable skill in investing, particularly in the context of ServiceNow (NOW), which has experienced recent stock underperformance despite previously high valuations [1] Group 1: Company Overview - ServiceNow (NOW) has traded at rich valuations in the past, leading to potential temptations for investors to chase quality stocks [1] - The recent underperformance of ServiceNow's stock has created opportunities for investors who exercise patience [1] Group 2: Analyst Perspective - Julian Lin, a financial analyst, focuses on identifying undervalued companies with secular growth potential, emphasizing the importance of strong balance sheets and management teams [1] - Lin leads an investing group that shares high-conviction stock picks with a high probability of delivering alpha relative to the S&P 500 [1] - The investment strategy combines growth-oriented principles with strict valuation hurdles to enhance the margin of safety [1]