Posted 3/9/2024, 9:45:00 AM
AI Growth Stocks: Cloudflare and ServiceNow Poised to Ride 800% AI Market Boom
- Artificial intelligence (AI) market expected to grow over 800% by 2030 to $1.8 trillion
- Cloudflare and ServiceNow positioned as AI growth stocks to buy now
- Cloudflare has strong network capabilities for AI inference and developer tools
- ServiceNow bringing generative AI to IT workflows and expanding into new domains
- Both stocks have 20%+ expected revenue growth next 5 years and reasonable valuations