Guggenheim analyst John DiFucci upgraded ServiceNow shares to buy from neutral, citing that fears around AI threatening software companies are exaggerated. Despite acknowledging AI as a major threat, DiFucci believes the recent selloffs in ServiceNow and Salesforce, down 33% and 38% respectively in 2026, have made their shares undervalued. This shift suggests potential buying opportunities as the market may have overreacted to AI risks. Investors might consider these stocks as attractive after their significant price drops.
Software stocks are becoming more attractive as investors move capital away from semiconductors, which face reduced demand due to inefficient AI token usage and cost worries. This shift benefits established software companies with strong fundamentals...
Jim Cramer advises investors to use the recent market rotation as a chance to sell underperforming stocks at a premium and buy leading winners at a discount. He highlights Meta, Micron, and AMD as top picks, noting strong demand in semiconductors and...
ServiceNow shares surged following the launch of new AI-powered security services developed with Accenture, addressing faster threat cycles and rising data breach costs. Despite a 50% drop over the past year, the stock shows short-term strength above...
