We were worried about high valuation half a year ago, and the shares have added almost 50% since. This gives the stock little margin for error. However, the company has one of the best business models we have seen, and it has multiple avenues for growth. Source: ServiceNow: Beautiful Business Model, But The Stock Has […]
Entries Tagged as 'NOW'
April 17th, 2018 · Comments Off on ServiceNow: Beautiful Business Model, But The Stock Has No Margin For Error
November 29th, 2017 · Comments Off on ServiceNow: Growing In The Fast Lane
It looks like a combination of industry growth, new clients and up-sell opportunities to existing clients and new functionality will keep growth going for quite a while. Add to that operational leverage which is starting to kick in and the company should also do well on earnings and cash generation. However, there are some worries […]