News

Published on 2 Dec 2021 on Insider Monkey via Yahoo Finance

Here’s Why You Should Consider Investing in ServiceNow (NOW)


Article preview image

RiverPark Funds, an investment management firm, published its “RiverPark Large Growth Fund” third quarter 2021 investor letter – a copy of which can be downloaded here. The RiverPark Large Growth Fund (the “Fund”) returned -3.23% for the third quarter of 2021, while its benchmarks, the S&P 500 Total Return Index (“S&P”) advanced 0.58%, the Russell 1000 Growth Total Return Index (“RLG”) returned 1.16%, while the Morningstar Large Growth Category returned -0.07%. You can take a look at the fund’s top 5 holdings to have an idea about their best picks for 2021.

RiverPark Large Growth Fund, in its Q3 2021 investor letter, mentioned ServiceNow, Inc. (NYSE: NOW) and discussed its stance on the firm. ServiceNow, Inc. is a Santa Clara, California-based software company with a $133.8 billion market capitalization. NOW delivered a 22.24% return since the beginning of the year, while its 12-month returns are up by 24.69%. The stock closed at $672.82 per share on November 29, 2021.

Here is what RiverPark Large Growth Fund has to say about ServiceNow, Inc. in its Q3 2021 investor letter:

NASDAQ.MORN price evolution
NYSE.NOW price evolution

Want to become a better investor?

Start tracking your investments with Statfolio

Sign up for free
Related News
How has this $25 billion fund beaten the S&P 500? Patience — and preparing for ‘the next big thing.’

- If you consider yourself a long-term investor, then the past few years have provided you with a...

MarketWatch via Yahoo Finance 27 Mar 2024

16 Most Undervalued Large Cap Stocks To Buy According To Analysts

In this article, we will be taking a look at the 16 most undervalued large-cap stocks to buy acco...

Insider Monkey via Yahoo Finance 24 Mar 2024

Why ServiceNow (NOW) is a Top Growth Stock for the Long-Term

It doesn't matter your age or experience: taking full advantage of the stock market and investing...

Zacks via Yahoo Finance 22 Mar 2024

Wix.com Ltd. (WIX) Hits Fresh High: Is There Still Room to Run?

Have you been paying attention to shares of Wix.com (WIX)? Shares have been on the move with the ...

Zacks via Yahoo Finance 22 Mar 2024

Dell received a big compliment from Nvidia CEO at the GTC 2024

Dell Technologies Inc (NYSE: DELL) is up 2.0% on Tuesday after it received a big compliment from...

Invezz 19 Mar 2024

ServiceNow (NOW) Enhances GenAI With NVIDIA Partnership

ServiceNow NOW is benefiting from its partnership with NVIDIA NVDA, leveraging advanced generativ...

Zacks via Yahoo Finance 19 Mar 2024

ServiceNow (NOW) Strengthens Portfolio With 4Industry Buyout

ServiceNow NOW recently announced that it has entered into an agreement to acquire 4Industry, a N...

Zacks via Yahoo Finance 19 Mar 2024

Nvidia CEO Jensen Huang Becomes Stock Kingmaker Through Name-Dropping In Presentations - Ansys...

NVIDIA Corp. NVDA CEO Jensen Huang experienced a drop in his company’s stock after a highly antic...

Benzinga 19 Mar 2024

AI Stocks Rally Ahead Of Nvidia's 'Woodstock': Analysts Eye Next Phases For Growth By Benzinga

AI Stocks Rally Ahead Of Nvidia's 'Woodstock': Analysts Eye Next Phases For Growth

Investing.com 18 Mar 2024

12 Best Artificial Intelligence (AI) Stocks To Buy According to Financial Media

In this article, we will be taking a look at the 12 best artificial intelligence (AI) stocks to b...

Insider Monkey via Yahoo Finance 15 Mar 2024