NOW - This Is My Pick for the Best Artificial Intelligence (AI) Stock You've Never Heard Of
2024-04-22 06:45:00 ET
Over the past year, breakthroughs in artificial intelligence (AI) have captivated the minds of investors. Applications from ChatGPT and the never-ending barrage of headlines featuring the "Magnificent Seven" stocks of Microsoft , Alphabet , Amazon , Nvidia , Tesla , Meta Platforms , and Apple are fueling a bullish narrative on the potential of AI.
Smart investors understand that there are many other winners that will emerge in the AI realm beyond big tech. One company quietly growing to be an AI powerhouse is ServiceNow (NYSE: NOW) . If you're unfamiliar with it, that's ok. Let's explore how ServiceNow is evolving from an IT services business to an end-to-end digital solution built around AI.
A common term that ServiceNow's management uses during earnings calls is "digital transformation." This is corporate speak for brining automation to the workplace to help drive productivity and provide decision makers with data-driven insights.
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This Is My Pick for the Best Artificial Intelligence (AI) Stock You've Never Heard Of