Technology stocks are booming, and these four companies have staying power for years to come [Yahoo! Finance News]
ServiceNow, Inc. (NOW)
Last servicenow, inc. earnings: 4/29 04:10 pm
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Source: Yahoo! Finance News
Shares of technology companies from chip makers to FAANGs slumped for a third quarter at the end of September, as softer revenue, profit warnings and fading CEO confidence added to the doom.The backdrop is a widely expected economic recession next year, caused, in part, by aggressive Federal Reserve interest-rate increases to squash inflation.The current state of play is complex. However, buying attractive assets during repressed markets presents a tremendous opportunity. And history also shows that bear markets tend to turn over once greater certainty about policy is evident, making times like now a potential profitable moment to get constructive and buy companies with excellent long-term prospects. will return to prosperity, and some names will likely perform well even if the market stays down for some time.I believe four trends — automation, artificial intelligence (AI), cloud and cybersecurity — will continue to see robust demand in even the most challenging economic circumstances
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NOW
Earnings
- 1/24/24 - Beat
NOW
Sec Filings
- 2/28/24 - Form 4
- 2/28/24 - Form 4
- 2/28/24 - Form 4
- NOW's page on the SEC website