W

ServiceNow and Salesforce shares now look like buys, as ‘Armageddon’ fears are too extreme, analyst says

Business Management
Share
ServiceNow and Salesforce shares now look like buys, as ‘Armageddon’ fears are too extreme, analyst says

A Guggenheim analyst says that valuations for the two software stocks are too depressed, even though the AI threat is real.

ServiceNow and Salesforce shares now look like buys, as ‘Armageddon’ fears are too extreme, analyst says

Source：MarketWatch

Disclaimer：Please read market information rationally and stay aware of investment risks. All content on this site is for informational purposes only and does not constitute investment advice.

Related Reading

Fed’s hawkish rate hold keeps pressure on Bitcoin: Analysts

Traders are pricing in a 78% chance of a December rate hike, while analysts say Treasury yields, the US dollar and upcoming inflation data could determine…

The major reason Microsoft’s stock is heading higher after earnings

Microsoft showed investors that it’s able to grow rapidly while keeping spending in check. Source：MarketWatch

Why Alphabet’s stock could see its worst drop in years after the latest results

A doubling of cloud revenue wasn’t enough to appease Wall Street as investors grew more concerned that AI is hurting the company’s ability to make money off…

Fortinet’s stock is taking a dive after earnings. Here’s why.

Cybersecurity stocks are broadly falling as growth slows significantly in one of Fortinet’s business segments. Source：MarketWatch

Source：https://www.marketwatch.com/story/servicenow-and-salesforce-shares-now-look-like-buys-as-armageddon-fears-are-too-extreme-analyst-says-3c3d8887