Better High-Growth AI Stock: ServiceNow vs. AppLovin

22.10.24 00:00 Uhr

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ServiceNow (NYSE: NOW) and AppLovin (NASDAQ: APP) are both high-growth tech companies that leverage artificial intelligence (AI) to simplify tasks for companies. ServiceNow cleans up unstructured work patterns with its cloud-based digital workflow platform so companies can expand more efficiently, cut costs, and support their hybrid and remote workers. AppLovin publishes its own mobile games, but it also develops AI-powered app monetization tools for other companies.Over the past 12 months, ServiceNow's stock rallied about 70% as it dazzled investors with the growth of its Now Assist generative AI platform. However, AppLovin's stock surged more than 280% as its new AI-powered ad engine lit a fire under its core software business. Let's see why AppLovin outperformed ServiceNow -- and if it's still the better buy.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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