Key insights
- The author expresses a bullish outlook on MSFT and NOW, citing strong user bases and growing dependence on their services within the IT sector. They believe Microsoft's large user base will drive future growth as they integrate AI, similar to Google's recovery. Anticipated strong earnings in the coming quarters are expected to boost stock prices.
Hello everyone,
I am buying Microsoft and servicenow at these low levels.
I am currently working in IT and I see that my company is more dependent on servicenow and the commitment and entanglement to this platform seems to have grown over the years. I really don't think AI will take service now. Companies that use these products are more dependent on their product.
The current case of Microsoft reminds me of Google 12-14 months ago. People forget that when implementating any solutuon user base is extremely inportant. 95% of fortune 500 companies use Microsoft and even if they are slow to implementing useful and profitable AI in their products, just like google as soon as they can do these and sway user their stock will jump up.
Also to mention theses companies are growing at about 18% to 20% yearly. If they have strong earning from these companies for 2-3 quarters, I see a good come back.
Kindly critic my reasoning. I know Microsoft has a suite of several products and segments.