14 Best American Tech Stocks to Buy Now

Page 3 of 13

11. ServiceNow, Inc. (NYSE:NOW)

Number of Hedge Fund Holders: 110

ServiceNow, Inc. (NYSE:NOW) is an American technology and software company that provides a cloud-based platform for automating and managing digital workflows within enterprises across various industries. The company offers a range of solutions for IT, Operations, Customer Service, HR, Shared Services, Finance (back office), purpose-built Industry solutions, and more. All of these solutions are built on the Now Platform, which is powered by AI and streamlines processes across various departments and industries. ServiceNow, Inc. (NYSE:NOW) ranks among the best American stocks to buy now.

The company is investing in expanding its footprint and delivering AI-driven solutions for enterprises. On April 3, 2025, ServiceNow, Inc. (NYSE:NOW) announced its agreement to acquire Logik.ai, an industry leader with a modern, AI‑powered, and composable Configure, Price, Quote (CPQ) solution. Logik.ai’s advanced capabilities for sales and commerce will help ServiceNow, Inc. (NYSE:NOW) grow its Customer Relationship Management (CRM) footprint and enable sales organizations to close deals faster, enhance productivity levels, and achieve improved efficiency. This transaction will accelerate the company’s momentum in Sales and Order Management (SOM), which covers the commercial lifecycle from opportunity management, quoting, and order placement to delivery, renewals, and expansions. ServiceNow, Inc. (NYSE:NOW) expects that Logik.ai’s capabilities for AI‑powered selling will drive new levels of performance in sales and commerce for customers.

Page 3 of 13