11 Best Strong Buy Growth Stocks to Buy According to Hedge Funds

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7. ServiceNow, Inc. (NYSE:NOW)

Number of Hedge Fund Holders: 104

ServiceNow, Inc. (NYSE:NOW) is one of the best strong buy growth stocks to buy according to hedge funds. On January 14, Evercore ISI reiterated a Buy rating on ServiceNow, Inc. (NYSE:NOW) with a price target of $225. The same day, Oppenheimer also maintained a bullish outlook on the stock, maintaining a Buy rating with a $200 price target.

In another development, Citi maintained a Buy rating on ServiceNow, Inc. (NYSE:NOW) on January 12 and set a price target of $250.60. The firm expects a solid upcoming quarter, supported by factors such as early indications of a strong quarter-end, healthier sales pipelines going into 2026, and signs of incremental budget releases. It anticipates the rising contributions from AI-related offerings and consumption-based revenue next year, along with a solid fiscal Q4 finish, to propel a significant turning point for ServiceNow, Inc. (NYSE:NOW).

Citi further stated that the market is pricing the shares at unusually low valuation levels at present, especially when compared to previous cycle troughs, and this fails to provide a complete picture of the company’s fundamental trajectory.

ServiceNow, Inc. (NYSE:NOW) offers an AI platform for business transformation, boosting productivity and maximizing business outcomes. Its intelligent platform, Now Platform, provides end-to-end workflow automation for digital businesses. Now Platform functions as a cloud-based solution embedded with AI and ML.

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