Service Now - Contrarian stock - Asymmetric opportunities

ServiceNow's position for the next decade should be even more important than its importance over the last decade. The stock is down, insiders are buying, stock based comp is getting contained and the ai engine is getting warmed up. Currently, Revenue is growing at 20-plus percent annually with best-in-class net retention rates — meaning existing customers spend more each year without ServiceNow adding a single new customer. By 2030, ServiceNow has guided to being a 30-plus-billion-dollar revenue company with operating margins above 30 percent as AI agents become the standard method of enterprise workflow execution. That’s strong earnings, free cash flow and revenue growth, and none of that possibility is priced in the stock today. The company that owns the workflow layer of the enterprise owns the platform on which AI agents will operate for a generation. ServiceNow owns that layer.Important InformationInvestors should carefully consider the Fund’s investment objectives, risks, charges, and expenses before investing. This and other information can be found in the Fund’s statutory and summary prospectuses, which may be obtained at LogoETF.com. Read the prospectus carefully before investing.