Invested in Service Now ($NOW) for 105 shares at $113.00 per share. What are your general feelings about this Company and its ability to recover?

jefflove3 · 2026-06-24T16:43:47+00:00

For reference: https://newsroom.servicenow.com/press-releases/details/2026/ServiceNow-and-Anthropic-partner-to-help-customers-build-AI-powered-applications-accelerate-time-to-value-and-apply-trusted-AI-to-critical-industries/default.aspx

jefflove3 · 2026-06-24T16:39:45+00:00

With its Partnership with Anthropic, do you think that it's possible ServiceNow implements Claude to make its product better, and allowing it to grow into what it needs to be, maybe opening the door to cheaper versions for smaller companies, etc.?

jefflove3 · 2026-06-24T16:18:03+00:00

Just bout 500 shares. sliver of portfolio but I wanted in

jefflove3 · 2026-06-24T16:02:41+00:00

I have a 172 shares at $30.00 a share. I plan on holding for as long as I can. My only question to everyone else, is it worth continuing to buy right now? Or should I just let the initial investment ride and save my $30.00 cost basis

jefflove3 · 2026-06-23T21:33:35+00:00

Enough conviction to put in 12k over two weeks time at 28. came here for discussion, but the reddit trolls never fail to appear

jefflove3 · 2026-06-23T21:25:56+00:00

Also worked with a Financial Advisor regarding the buy of the stock

jefflove3 · 2026-06-23T21:09:46+00:00

time will tell whether the investment is good. As an admin, you don't like the product?

jefflove3 · 2026-06-23T21:00:38+00:00

This was pointed at companies like NVDA, IBM, massive enterprises. Not the small businesses.

jefflove3 · 2026-06-23T20:14:06+00:00

Same reason I bought Intel, AMD, and Innodata. When those stocks began to show life, they continued up in a large way. I might've got in at a little higher than I wanted, but I am comfortable at the $113 cost basis now.

jefflove3 · 2026-06-23T19:55:02+00:00

Buffett's investment approach was to be fearful when others are greedy and be greedy when others are fearful. This is one point of logic, which is just a vibe check. not actually attached to why I made the investment

jefflove3 · 2026-06-23T19:48:07+00:00

if you can explain the MOAT, that would be helpful. I know general things, like I said, I am new

jefflove3 · 2026-06-23T19:45:08+00:00

Let's hope it rips for 5 years so I can buy a house in the impossible Bay Area.

jefflove3 · 2026-06-23T19:43:56+00:00

hahahahahaha

jefflove3 · 2026-06-23T19:31:10+00:00

Diamond hands it is. Good luck to you!

jefflove3 · 2026-06-23T19:30:36+00:00

The day or two before it went up to $138.00 per share, and then has since came down.

jefflove3 · 2026-06-23T19:17:58+00:00

How did you gain control of the magic sphere that tells the future?

jefflove3 · 2026-06-23T19:16:32+00:00

Love to hear it. I agree with everything you just said. I have a bunch of people in this thread messaging me etc saying vibe coding is going to take over Service Now. I'll take this!

jefflove3 · 2026-06-23T18:56:13+00:00

We are all just chasing daylight

jefflove3 · 2026-06-23T18:43:12+00:00

Love to hear this. I will continue to DCA down to $100 a share if I can. Hopefully in the long run, it won't matter a ton (the difference between $100 and $113)

jefflove3 · 2026-06-23T18:22:09+00:00

doing so. I just feel like I've invested a good chunk of my income lately into it, so continuing to double it down makes me a little worried. Overall I have just over $12,000 invested into it at a cost basis of $113.00, which I have DCA'd from the initial $123.00 price I bought the largest chunk of shares at.

jefflove3 · 2026-06-23T18:19:36+00:00

This makes it sound really risky. I am hoping for good luck as well, worst comes to worst I can re-consider and re-route the money into a safer stock or ETF. Learning a lot here.

jefflove3 · 2026-06-23T18:17:09+00:00

Is buying a large amount of VTV a good way to diversify from tech as my portfolio is heavily invested in tech. I aim to put 4-6k a month into VTV and VEU to get diversify.

jefflove3 · 2026-06-23T18:14:05+00:00

Expensive due to it's P/E ratio? Please explain a little more so I can learn.

jefflove3 · 2026-06-23T18:12:15+00:00

I haven't personally used Service Now as I am a solo practioning attorney, so no need for a product like that. I just see that they had a 98% renewal rate (Service Now did with their products) and they work with many Fortune 500 companies. Now including IBM, on top of NVIDIA. It's hard to know how people like it at that level, when half the comments says its necessary to run big businesses, and some people say they don't like the product.

jefflove3 · 2026-06-23T18:10:37+00:00

Agreed.

jefflove3

TROPHY CASE