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Purchase, Promote, or Maintain? By StockNews 

© Reuters. ServiceNow: Purchase, Promote, or Maintain?

Cloud-based providers firm ServiceNow (NYSE:) has rallied greater than 80% up to now 12 months. Its revered cloud computing providers make digital workflows way more environment friendly. However is it probably that NOW will proceed to maneuver increased in 2021? Let’s take a better look.ServiceNow (NOW) offers cloud-based providers that automate IT operations. NOW’s choices are highlighted by an utility suite constructed into its proprietary platform to automate workflows and combine processes.

Primarily based in Santa Clara, California, NOW is held in excessive regard all through the tech trade. The corporate’s cloud computing providers make digital workflows extra environment friendly, empowering companies to spice up productiveness by streamlining their processes. In brief, NOW makes it simple for its clients to design workflow purposes, finally lowering the period of time it takes to finish complicated and repetitive processes.

NOW’s worth proposition actually has its deserves. Nevertheless, offering one thing of worth doesn’t essentially assure a inventory’s worth will improve. So, right here’s what we predict might form NOW’s efficiency within the close to time period:

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