5 Stocks That Helped Amish Mehta’s SQN Investors Return 46%

4. ServiceNow, Inc. (NYSE: NOW)

The systems software provider ServiceNow, Inc. (NYSE: NOW) is the fourth largest stock holding of Amish Mehta’s 13F stock portfolio. The hedge fund has raised its stake by 8% in the software company during the September quarter after initiating a position at the beginning of 2020.

ServiceNow stock price generated massive returns for investors throughout fiscal 2020. Shares of ServiceNow are up 94% in the last twelve months. Its September quarter revenue of $1.14 billion grew 27% year over year while the company expects ful year revenue in the range of $4.2 billion.