We recently published Jim Cramer Took A Side On Biggest AI Debate & Discussed These 13 Stocks.
ServiceNow, Inc. (NYSE:NOW) is one of the stocks discussed by Jim Cramer
Enterprise workflow management software provider ServiceNow, Inc. (NYSE:NOW)’s shares are down by 50.9% over the past year and by 32% year-to-date. Bank of America discussed the firm on May 19th as it reinstated coverage and set a $130 share price target and a Buy rating. The bank saw ServiceNow, Inc. (NYSE:NOW) as a beneficiary of the AI rollout due to its integration into the enterprise workflow ecosystem.
While the shares are down year-to-date, they are up by 14.5% since May 13th. Cramer briefly commented on the move in ServiceNow, Inc. (NYSE:NOW)’s shares: “I was doing some work on Adobe, losing the schools. You know schools are really important, because you have to take a course on Adobe to be able to use Adobe.