2 Software Stocks to Buy That Are Down More Than 35% From Their Records
By mid-January, ServiceNow (NYSE:NOW) and Adobe (NASDAQ:ADBE) were already two of the five worst-performing stocks in the S&P 500 (SNPINDEX:^GSPC) in 2026.
Investors feared that artificial intelligence (AI) agents might handle work that many software companies charge for one user, or “seat,” at a time.
ServiceNow trades near $141 as of this writing, about 40% below its record close in January 2025. Adobe, at about $242, is about 65% below the record it hit in November 2021.
Source: www.fool.com — article syndicated from the publisher’s feed; all rights remain with the original publisher.