Here’s Why Wedbush is Bullish on ServiceNow, Inc. (NOW) Again

Core Viewpoint - ServiceNow, Inc. is considered one of the best technology stocks at a 52-week low, with Wedbush reinstating its position on the IVES AI 30 list, arguing that the recent sell-off in software stocks is overdone [1][2] Group 1: Company Overview - ServiceNow, Inc. provides cloud-based and AI-embedded end-to-end workflow automation solutions for enterprises, founded in June 2004 and located in Santa Clara, California [4] Group 2: Market Analysis - Wedbush believes the AI Revolution is in its early stages, representing a long-term growth cycle that could unfold over a 10-year period, despite short-term challenges for software stocks [2] - Analysts argue that the market is overestimating the risks associated with AI for large software companies like ServiceNow, viewing the concerns as misguided [1][3] Group 3: Investment Perspective - Despite the recent sell-off affecting ServiceNow's stock, analysts maintain that the company will benefit from the AI revolution, suggesting that the market is focusing too much on short-term issues [3]