What’s everyone’s thoughts on NOW? Been on a downtrend all year long and basically back down to its April lows. They had a recent 5-1 stock split in December and are in the process of acquiring the cybersecurity company Armis.
Common fear is that software will slowly die out from AI and that they can only continue to grow through acquisitions. I don’t really agree with that. They’ve continued to grow around 20% for the last decade. Earnings are on 1/28. Could be a good time to start a position.
What are all of your thoughts?