ServiceNow, Inc.Short
NOW head & shoulders 510 PE ratio
Yes, the quarter growth was impressive, but on 5.9b in annual sales revenue and a mere 230m in NET INCOME with a $114.3 billion market cap. It will take 495 years of net income to catch up to this market cap. There's no bubbles here, just keep buying!!!! We are in a bear market, accept it or not. This stock is going to have a very difficult time breaking past the neckline and printing any new highs in this environment. Nearest profitable competitor CRM has twice the market cap but 1/4th the PE. When insiders are selling SO SHOULD YOU!! finance.yahoo.com/quote/NOW/insider-transactions/
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.