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Insider Trading & Hedge Fund Data, and Investment Newsletter From Insider Monkey

Insider Trading & Hedge Fund Data, and Investment Newsletter From Insider Monkey

Technology

Technology

ServiceNow, Inc. (NOW): Among the Best Machine Learning Stocks to Buy Now

Insider Trading & Hedge Fund Data, and Investment Newsletter From Insider Monkey
Summary
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ServiceNow, Inc. ( NYSE :NOW) ranks 7th on our list of the 10 Best Machine Learning Stocks to Buy Now .

The global machine-learning market was valued at $36.73 billion in 2022 and is expected to grow at a 34.8% CAGR from 2023 to 2030 .

The company is integrating AI in its platforms, products, and operations to automate both complex and routine tasks, which is why AI-related deals were up 150% sequentially in Q4 2024 .

While we acknowledge the growth potential of NOW, our conviction lies in the belief that AI stocks hold great promise for delivering high returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025 , while popular AI stocks lost around 25% . If you are looking for an AI stock that is more promising than NOW but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock. Disclosure: None. This article is originally published at Insider Monkey ..