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Buy, Hold, or Sell: Dropping 21% in a Week as a New Fed Chair Steps In, Is ServiceNow an Absolute Steal at $107?
24/7 Wall St.105d agobearish
Buy, Hold, or Sell: Dropping 21% in a Week as a New Fed Chair Steps In, Is ServiceNow an Absolute Steal at $107?

At $106.97, ServiceNow (NYSE:NOW) looks dislocated from fundamentals. The stock has shed 16.2% in a week and 30.17% year to date as a new Federal Reserve chair takes over and the software sector flushes, creating a setup where price has detached from fundamentals. ServiceNow runs the dominant workflow automation platform for the Global 2000, and ... Buy, Hold, or Sell: Dropping 21% in a Week as a New Fed Chair Steps In, Is ServiceNow an Absolute Steal at $107?