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Here's Why Wedbush is Bullish on ServiceNow, Inc. (NOW) Again
Wedbush has reinstated ServiceNow, Inc. (NOW) to its IVES AI 30 list, believing that the recent sell-off in software stocks due to AI concerns is overdone. Analysts argue that large software companies like ServiceNow are not structural losers in the AI era, viewing AI as a long-term growth cycle. Despite ServiceNow’s stock being part of the sell-off, Wedbush remains bullish, expecting it to benefit from the AI revolution.