ServiceNow is a top stock pick with massive growth potential over the next 5-15 years due to its strategic positioning and resilience against AI disruption.
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Also talk about what it means for ServiceNow. I know there's a lot of people own ServiceNow stock as well.
Next up here, let's talk Salesforce. Let's talk about how high this is going to go. Let's talk about what this means for ServiceNow stock and those sorts of things, okay?
Salesforce and ServiceNow are two of the best deals I found in the stock market. Um you know, really at the end of last year into the beginning of this year, right? And I added shares aggressively of these two stocks over the past six to nine months, right?
And you know, if you've been watching the channel how aggressively I've been adding cuz I talked about these stocks countless times, especially back in the springtime. I think I was talking about these stocks the most.
Oh my gosh, right? I think people got sick of me talking about Salesforce and ServiceNow after a while, but hey, that's just what it is.
And then ServiceNow is now about $32,000 for us. And so you know, the death of these two stocks has has been greatly exaggerated. I understand AI is disruptive, right? And some companies, and some services are being totally disrupted, and they're going to have a tough time over the next 5, 10, 15 years, right?
But, that is not everybody. There's certain companies that are positioning their businesses to thrive over the next 5, 10, 15 years. And two of those companies I've identified as they're not dead, and they've got an incredible opportunity to grow their businesses exponentially over the next 5, 10, 15 years are ServiceNow and Salesforce.
Where these companies are 40 years from now, your guess is as good as mine, and I honestly don't care. I think there's a lot of money to be made now in these stocks and over the next few years.
And so, I'm looking out over the next 5, 10 years, I'm like, "Oh my gosh, I see how Salesforce and ServiceNow could grow their business massively, right?"
Now, also, what does this mean for ServiceNow before we talk about where Salesforce stock is going for the remainder of this year, in my opinion, and where Salesforce is going over the next several years?
Listen, for ServiceNow, I don't think this is a bad thing.
You might look at something like this and it might scare you. You might be like, "Oh my gosh, like, you know, Salesforce is just going to win and ServiceNow is going to lose." Those companies compete differently.
Uh, you know, when we're talking about ServiceNow, it's much more of the guts of a company. It's much more of, you know, IT departments heavy. It's much more like communicating between this department and this department.
It's other things inside an organization as well, but Salesforce, their bread and butter is sales. That's why they call them Salesforce, right?
And so, you just got to understand that they do compete against each other in several different areas, but uh, I think if anything, ServiceNow is going to continue to partner with big players in the space, maybe Anthropic, maybe others, and uh, with their products and give themselves good protection as well.
And I think Bill McDermott leading that company is phenomenal.
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