Is ServiceNow (NOW) The Best AI Stock to Buy on the Dip?

We recently published Top 10 Stock Recommendations You Can’t Miss Amid Growing AI Bubble Fears. ServiceNow, Inc. (NYSE:NOW) is one of the top recommended stocks.

Jason Snipe, the Founder and Chief Investment Officer of Odyssey Capital Advisors, said in a latest program on CNBC that he likes ServiceNow because the company is starting to monetize its AI tools.

“ServiceNow Inc (NYSE:NOW) stock is down 14% year-to-date. They are starting to monetize their AI tools. I like this.”

Photo by Sable Flow on Unsplash

ClearBridge Select Strategy stated the following regarding ServiceNow, Inc. (NYSE:NOW) in its second quarter 2025 investor letter:

“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.”

While we acknowledge the risk and potential of NOW as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than NOW and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.