Buy These 5 Year-to-Date Laggards With Strong Upside Potential [Yahoo! Finance]
ServiceNow, Inc. (NOW)
Last servicenow, inc. earnings: 4/29 04:10 pm
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Source: Yahoo! Finance
Wall Street's bull run has got an added boost this year, to the surprise of a large section of financial pandits, who indiscriminately warned of overvaluation. In 2023, the three major stock indexes — the Dow, the S&P 500 and the Nasdaq Composite — jumped 13.7%, 23.9% and 43.4%, respectively. Continuing the bull run, the S&P 500 rallied 10.2% in first-quarter 2024, marking its best first-quarter performance since 2019. The Dow surged 5.6%, reflecting its strongest first-quarter performance since 2021. The tech-heavy Nasdaq Composite appreciated 9.1% in the same quarter. However, the three major indexes tumbled in April. Despite the meltdown, year to date, the Dow, the S&P 500 and the Nasdaq Composite – are up 3.6%, 9.4% and 10.4%, respectively. However, several stocks underperformed the market to a great extent curtailing the dream run. A few of these stocks currently carry a favorable Zacks Rank. These stocks are likely to regain momentum over the rest of 2024. Likely Rate Cuts
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- Sonatype Announces Integration with ServiceNow to Streamline Software Composition Analysis [Yahoo! Finance]Yahoo! Finance
NOW
Earnings
- 4/24/24 - Beat
NOW
Sec Filings
- 5/17/24 - Form 4
- 5/17/24 - Form 4
- 5/15/24 - Form 144
- NOW's page on the SEC website