14 Best Long Term Growth Stocks to Buy Now

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5. ServiceNow, Inc. (NYSE:NOW)

5-year EPS Growth: ~17.5%

Projected 5-year EPS Growth: ~32.6%

Number of Hedge Fund Holders: 106

ServiceNow, Inc. (NYSE:NOW) is one of the Best Long Term Growth Stocks to Buy Now. On October 3, Stifel maintained a “Buy” rating on the company’s stock with the price objective of $1,200. The research firm highlighted solid Q4 Enterprise and Commercial pipelines, which are expected to support modest upside to fourth-quarter guidance. The firm also reported a QoQ improvement in ServiceNow, Inc. (NYSE:NOW)’s Enterprise and Commercial selling environment, mainly driven by the core workflows with additional strength from Pro+, Workflow Data Fabric, and RaptorDB offerings.

As of June 30, 2025, ServiceNow, Inc. (NYSE:NOW)’s current remaining performance obligations (cRPO) amounted to $10.92 billion, demonstrating 24.5% YoY growth and 21.5% in constant currency. Furthermore, Now Assist has been surpassing net new ACV expectations, thanks to an increase in both deal volume and size QoQ, putting ServiceNow, Inc. (NYSE:NOW) firmly on track to hit its $1 billion ACV target by 2026.

ClearBridge Investments, an investment management company, released its Q2 2025 investor letter. Here is what the fund said:

“We did see good results from AI-ecosystem holdings in IT and industrials. Within IT, ServiceNow, Inc. (NYSE:NOW) remains a leader among its software peers in the monetization of generative AI, with a target of $1 billion in annual contract value from AI-related products by 2026.”

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