Invested in Service Now ($NOW) for 105 shares at $113.00 per share. What are your general feelings about this Company and its ability to recover?
I have done weeks of research into this $NOW stock, and I believe that it's one of the best investments I can make at the moment because when people are fearful, buying is the way to go. This is a highly profitable company, and most people are still worried that AI will replace this type of SaaS company (and whole industry for that matter). This company gives me the same feeling that I had when I invested into Intel at $30.00 a share in the terms that a big gain should be coming. Is it not right to believe that instead of AI destroying $NOW, it will allow AI to work better in large enterprise companies? Also, another big point could be that even without AI, this company will succeed because every company needs the organizational platform that $NOW provides to run smoothly. So on top of it being a huge dip at the moment, this stock could be a winner without depending on AI? Open to all and any thoughts.