ServiceNow 盈利没问题,问题是市场愿意出多少
ServiceNow 财报超预期并宣布大额回购,股价仍跌 9.9%,一年跌了约 49%,市盈率从 60 多倍降到不到 28 倍。Cramer 认为只要市场担心 AI 颠覆软件公司的商业模式,就无法判断投资者愿意为它们的未来盈利付多少,现在还不是抄底时机;等市盈率见底,这些优秀公司会值得买。
Can you get in front of the freight train that is the shrinking price-to-earnings multiple? Maybe not now, not yet.