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Down 45% Over the Past Year, Is It Time to Buy ServiceNow Stock?
ServiceNow, a workflow automation leader, reported strong fourth-quarter results despite its stock falling 45% over the past year due to market concerns about software-as-a-service (SaaS) companies in the age of AI. The company is actively integrating AI into its offerings and has a robust client base, suggesting its current dip might present a buying opportunity for investors looking for double-digit growth. Despite the stock’s performance, the article highlights ServiceNow’s strong fundamentals and proactive AI integration.