According to American politicians, ServiceNow Inc (NYSE:NOW) is one of the best AI stocks to buy. Congressman Michael McCaul’s spouse purchased NOW shares worth $15,000 to $50,000 in September, joined by US Senator Markwayne Mullin and Congressman Ro Khanna. ServiceNow’s latest quarterly results showed a 22% increase in subscription revenue, prompting the company to raise its revenue guidance for the year. ClearBridge Select Strategy highlighted ServiceNow’s leadership in monetizing generative AI, targeting $1 billion in annual contract value from AI-related products by 2026. While NOW shows promise as an investment, some AI stocks may offer higher returns with less downside risk. For more information on short-term AI stock options, check out the free report available.
Read more at Yahoo Finance: US Senators and Congress Members Love This AI Stock
