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Why I Might Be Wrong About ServiceNow Stock ($NOW)

The creator discusses ServiceNow's (NOW) revenue projections and AI integration, suggesting it's a good opportunity for smaller companies to adopt AI. While previously considering the stock "ridiculously cheap," the creator now views it as slightly undervalued based on forward P/E and DCF analysis, with a fair value estimate of $158.

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Tickers discussed in this post

AAPLNeutralLow ConvictionResearch Only

Apple is mentioned as one of the few companies that effectively handles customer service.

AMZNNeutralLow ConvictionResearch Only

Amazon is mentioned as one of the few companies that effectively handles customer service.

PLTRNeutralLow ConvictionResearch Only

Palantir is mentioned as a company that smaller businesses might not be able to afford, contrasting with ServiceNow's potential to serve them.

NOWBullishMedium ConvictionSignal-backedPrimary

ServiceNow stock is currently slightly undervalued based on forward P/E and DCF analysis, with a fair value estimate of $158.

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