Aug. 2 at 10:38 PM
$NOW $CRM $MSFT
ServiceNow (
$NOW) is shaping up to be one of the most interesting setups in software. Revenue keeps growing, AI adoption is accelerating, free cash flow is surging, and the company continues to land major enterprise and government customers. Management is buying back shares, reducing the float, while CEO Bill McDermott and other executives have largely stepped away from stock sales—a strong vote of confidence in the future.
Meanwhile, millions of shares remain sold short. If NOW continues to execute, beats expectations, announces new AI initiatives, or lands additional large contracts, shorts could find themselves trapped and forced to cover. Strong fundamentals, shareholder-friendly buybacks, leadership confidence, and a sizable short position create a setup that could become very uncomfortable for bears and very rewarding for long-term shareholders.
Keep buying friend…
Enough said….