I've been wondering about stocks like Service Now (NOW), Salesforce (CRM), and others since they got hammered due to fears of AI replacing them. Are they in fact oversold? Perhaps like video game stocks got hammered when Google came out with a product that easily created virtual worlds?
Wondering why people may either be continuing to steer clear of SaaS stocks or are quietly loading up on them.
What other SaaS stocks are worth looking at? If not for the long haul, then at least for "volatility harvesting" if they shoot back up. What is the "come back" case / scenario if there is one?