Amit Zavery 1.0 1 idea

ServiceNow stock dropped ~20% in three weeks amid a broader SaaS sell-off. However, the CEO is personally buying $3M in stock, and the company is crossing $1B in AI-related revenue with free cash flow margins at record highs (Rule of 50+). The market is indiscriminately selling software stocks on fears that AI agents will replace SaaS seats ("SaaS-pocalypse"). ServiceNow's insider buying and tangible AI revenue growth contradict the "AI loser" narrative, offering a value entry point in a high-quality compounder. LONG NOW as a contrarian play against the software sentiment washout. Continued sector-wide multiple compression or slower enterprise AI adoption.