Published on 24 May 2024 on GuruFocus.com via Yahoo Finance
ServiceNow Could Be One of the More Durable AI Players
The market for artificial intelligence looks very attractive at this time, and ServiceNow Inc.'s (NYSE:NOW) position in it is currently strong. However, over 10-plus years, which is my usual holding period goat, there are likely to be several market and economic shifts that could deplete the returns of some newer AI companies, meaning less security for ServiceNow shareholders than might come with an investment in big tech companies.
Operations analysis
Warning! GuruFocus has detected 5 Warning Sign with NOW.