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Stock impact report

Tech Sell-Off: Wall Street Sees 60% or More Upside for These S&P 500 Stocks [Globe and Mail, The (Toronto, Canada)]

ServiceNow, Inc. (NOW) 
Last servicenow, inc. earnings: 4/29 04:10 pm Check Earnings Report
ServiceNow and Microsoft are two leaders that are seeing strong demand for their software products. Wall Street sees at least 60% upside, with both stocks trading far below their historical valuation multiples. The S&P 500 is down about 6.5% year to date, and much of the selling pressure has been concentrated in technology. The Nasdaq Composite is off nearly 10% as investors factor in the risk that artificial intelligence (AI) agents could pressure demand for software from some industry leaders. That fear isn't baseless. But for large, enterprise-grade platforms, AI is more likely to increase their value to customers. This is why Wall Street analysts still see significant upside for ServiceNow (NYSE: NOW) and Microsoft (NASDAQ: MSFT) . Analysts aren't always right, but there are good reasons these companies could be rewarding investments for patient investors. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, calle Show less Read more
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