14 Best Long Term Low Volatility Stocks to Buy Right Now

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3. ServiceNow, Inc. (NYSE:NOW)

5-Year Revenue Growth: 24.98%

Beta: 0.92

Number of Hedge Fund Holders: 106

ServiceNow, Inc. (NYSE:NOW) is one of the best long term low volatility stocks to buy right now. Bank of America Securities analyst Bradley Sills reiterated a bullish outlook for ServiceNow, Inc. (NYSE:NOW) on October 21, retaining the $1,200 price target.

The analyst stated that ServiceNow, Inc.’s (NYSE:NOW) core IT service management and operations categories are experiencing stable to improving demand, further supported by solid upgrades and a healthy pilot deals pipeline.

Sills also cited the rising adoption of ServiceNow, Inc.’s (NYSE:NOW) HR solutions with enterprises relying on it as a strategic interface, along with the strong deal activity in the Federal sector.

In addition, favorable currency conditions are likely to support the potential for a slight upside in Q3’s current remaining performance obligations growth, according to the analyst.

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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