5 Best Dip Stocks to Invest In According to Billionaires

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1. ServiceNow, Inc. (NYSE:NOW)

With $4.94 billion invested by billionaires, ServiceNow, Inc. (NYSE:NOW) earns a place among the best dip stocks according to billionaires. While the stock is down over 30% as of April 22, 2026, it has upside potential of over 60%, thanks to roughly 90% of covering analysts remaining bullish.

Despite the company’s stronger-than-expected Q1 results, announced on April 22, 2026, shares fell sharply. The 12% share plunge came as ServiceNow, Inc. (NYSE:NOW) reported delays in government deals in the Middle East, which weighed on subscription revenue growth by about 75 basis points. However, COO Amit Zavery attempted to reassure investors, saying those deals may still close during the year.

BMO Capital discussed ServiceNow, Inc. (NYSE:NOW) following the earnings release, saying organic CRPO guidance was disappointing. The firm further added that the results aligned with consensus estimates, emphasizing that ServiceNow, Inc. (NYSE:NOW) remains strongly positioned in AI with an attractive valuation. The firm maintained its “Outperform” rating on the stock with a $115 price target.

After Q1 revenue and EPS surpassed analysts’ expectations, management raised its 2026 subscription revenue guidance to $15.74 billion to $15.78 billion from its prior range of $15.53 billion to $15.57 billion.

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.

While we acknowledge the potential of NOW to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than NOW and that has 100x upside potential, check out our report about the cheapest AI stock.

READ NEXT: 12 Best Warren Buffett Stocks to Invest in Now and 10 Stocks Under $5 That Will Explode.

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