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-0.000372418256227758 -0.00159346171926987 -0.00077943274390851 -0.00250924431655146 -0.00484957762071531 0.000235050866635592 0.0016870750514365 0.0017644078040958
Stock impact report

Software Stocks Are Cheaper Than Ever -- 2 to Buy Right Now [Globe and Mail, The (Toronto, Canada)]

ServiceNow, Inc. (NOW) 
Last servicenow, inc. earnings: 4/29 04:10 pm Check Earnings Report
There is now a growing number of attractive software stocks with considerable upside. These two stocks trade at valuations that practically imply a worst-case scenario for their futures. Artificial intelligence (AI) is one of the biggest driving forces behind the current bull market. While it has the potential to improve productivity and profitability for almost every business, it could weigh heavily on some. The software sector has been hit particularly hard over the last six months as investors reckon with the potential for generative AI to disrupt enterprise software. With the uncertainty introduced by AI, analysts aren't as confident about the earnings potential of many software companies that currently deliver predictable growth from software-as-a-service (SaaS) subscriptions. As a result, investors have reduced the multiples they're willing to pay for future earnings. Will AI create the world's first trillionaire? Our team just released a report on the one little-known Show less Read more
Impact Snapshot
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