ServiceNow (NOW) shares have plunged 25% this year, reflecting fears about AI's impact on software providers.
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AI Biggest Surprise is Coming, These are the Stocks to Buy
Let's Talk Money! with Joseph Hogue, CFAApr 15, 2026
The creator discusses how AI is boosting revenue for software and consulting companies, contrary to fears of job displacement. He highlights specific stocks like Salesforce (CRM), Accenture (ACN), and Zscaler (ZS) as attractive buys due to their current valuations and AI integration. The outlook also touches on Darden Restaurants (DRI) earnings, Oracle (ORCL) and Nebius Group (NBUS) benefiting from AI infrastructure investments, and Super Micro Computer (SMCI) as a leader in AI servers. A potential market correction due to geopolitical tensions is also mentioned, with a recommendation to balance portfolios with defensive sectors.
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Tickers discussed in this post
Chipotle (CMG) plunged following its weak earnings report, highlighting potential consumer spending challenges.
Texas Roadhouse (TXRH) plunged following its weak earnings report, indicating potential consumer weakness.
Restaurant Brands International (QSR) is a comparable to Darden Restaurants, with its stock up just 6% this year.
Palo Alto Networks (PANW) is down 23%, part of the significant decline seen in cybersecurity stocks.
CrowdStrike Holdings (CRWD) is down 17%, reflecting the broader sell-off in cybersecurity stocks.
Fortinet (FTNT) has managed to hold steady despite the cybersecurity stock sell-off, following a surprisingly good earnings report.
Nvidia (NVDA) announced a $2 billion investment into Nebius Group, highlighting its central role in AI infrastructure.
Super Micro Computer (SMCI) is a top deal of the year, controlling 22% of the AI server market and poised to benefit from massive AI data center spending.
Nebius Group (NBUS) is a buy, with its stock surging due to Nvidia's investment and its focus on building AI data center infrastructure.
Oracle (ORCL) is a buy, with its shares surging on strong cloud segment performance and increased guidance, driven by AI compute power demand.
Hold off on buying Darden Restaurants (DRI) shares until after its upcoming earnings report, as consumer spending weakness could impact its performance.
Workday Inc. (WDAY) is at higher risk due to its HR and payroll focus, which may be more susceptible to AI cannibalization of growth.
Zscaler (ZS) is a buy, with the dip in its stock price offering an opportunity to invest in a leading cybersecurity company benefiting from increased AI-generated attacks.
Accenture (ACN) is a buy as AI implementation by companies is slow, leading to increased demand for consultancy services and strong AI bookings.
Salesforce (CRM) is a must-buy due to its AI integration, strong market position, and attractive valuation after a significant sell-off.