11 Best 52-Week Low Technology Stocks to Buy Now

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3. ServiceNow Inc. (NYSE:NOW)

Potential Upside: 74.27%

Number of Hedge Fund Holders: 104

On February 9, Wedbush added ServiceNow Inc. (NYSE:NOW) back to its IVES AI 30 list after dropping it in December 2025. The firm said that the recent sell-off in software stocks has been overdone. Analysts led by Dan Ives argued that the view that large software companies such as ServiceNow Inc. (NYSE:NOW) are structural losers in the AI era is misguided.

Wedbush believes the AI Revolution is still in its early stages and represents a long-term growth cycle that could unfold over a 10-year cycle. Although AI may create some short-term challenges for software stocks, the firm said that the market is overestimating the risks.

Even though ServiceNow Inc.’s (NYSE:NOW) stock has been at the center of the recent sell-off, the analyst said they continue to view the company as benefiting from the AI revolution. According to analysts, the market is missing key aspects of the company and is focusing too much on short-term concerns.

ServiceNow Inc. (NYSE:NOW) provides cloud-based and AI-embedded end-to-end workflow automation solutions for enterprises. The company is located in Santa Clara, California, and was founded in June 2004 by Frederic B. Luddy.

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