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ServiceNow: An Excellent Business Trading at a Discount

TheMotleyFool 
0 0 25.06.26
ServiceNow: An Excellent Business Trading at a Discount: https://g.foolcdn.com/editorial/images/875745/gettyimages-1583983736-1200x800-5b2df79.jpg
 

(NYSE: NOW) regularly racks up 20%-plus yearly revenue growth and attractive margins. It has won praise from Nvidia CEO Jensen Huang, who called ServiceNow the "enterprise operating system" for artificial intelligence (AI). Huang also regularly speaks at ServiceNow's annual events, showing how much he believes in the company.

The Nvidia endorsement is huge, and it's backed by real fundamentals. Even with those tailwinds, the growth stock is down by roughly 35% year to date, but it likely won't remain that way for long.

Image source: Getty Images.

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Source Fool.com

ServiceNow Inc. Stock

€108.00
5.940%
A very strong showing by ServiceNow Inc. today, with an increase of €6.05 (5.940%) compared to yesterday's price.
The stock is one of the favorites of our community with 120 Buy predictions and 4 Sell predictions.
With a target price of 131 € there is a positive potential of 21.3% for ServiceNow Inc. compared to the current price of 108.0 €.
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