ServiceNow: The Shares Are Down; The Business Is Flying

Core Insights - ServiceNow (NOW) is recognized as a reliable growth company within the SaaS software sector, indicating strong performance and market position [1] Company Overview - ServiceNow is led by Bert Hochfeld, who has a notable background in economics and an MBA from Harvard, contributing to his expertise in the tech industry [1] - Hochfeld has a long career history with major companies such as IBM, Memorex/Telex, Raytheon Data Systems, and BMC Software, showcasing extensive experience in technology [1] - In the 1990s, Hochfeld transitioned to a sell-side analyst role, earning accolades from the Wall Street Journal for his insights into the software industry [1] Research and Investment Background - In 2001, Hochfeld established Hochfeld Independent Research Group, providing research services to significant institutions like Fidelity and Columbia Asset, indicating a strong reputation in the investment community [1] - He also managed the Hepplewhite Fund, which specialized in technology investments and was rated as the best performing small-cap fund for the five years ending in 2011 by Hedge Fund Research [1] - Hochfeld has authored over 500 articles on Seeking Alpha, focusing on information technology companies, reflecting his deep engagement with the sector [1] Recognition and Performance - Hochfeld is highly regarded for his investment acumen, ranking in the top 0.1% of Tip Ranks analysts for his successful selection of information technology stocks [1]