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AI fears fade and software stocks roar back — momentum play on ServiceNow

Software stocks just had their best month in over two decades as investors realized AI will actually help these companies grow, with ServiceNow leading the charge.

Idea

For months, investors worried that AI would replace traditional software companies, but industry leaders like ServiceNow are showing how it actually boosts their business. ServiceNow is up 40% this month as part of a massive relief rally across the entire software sector. When a whole industry reverses a long-standing fear, the top companies often keep running as holdout investors finally jump back in. The broad sector strength provides a safe tailwind for a continued upward trend in ServiceNow.

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NOWH4#software#ai#trend_following

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