US Senators and Congress Members Love This AI Stock

We recently published 10 Best AI Stocks to Buy According to American Politicians. ServiceNow Inc (NYSE:NOW) is one of the best AI stocks to buy.

Congressman Michael McCaul’s spouse bought ServiceNow Inc (NYSE:NOW) shares worth between $15,000 to $50,000 on Sept. 25. US Senator Markwayne Mullin and Congressman Ro Khanna also bought the stock in September.

ServiceNow’s latest quarterly results showed its subscription revenue rose about 22% year over year. The company raised its subscription revenue guidance for the full year. The company operates at the application layer of the AI ecosystem and can benefit from increasing implementation of AI workflows in the enterprise.

ClearBridge Select Strategy stated the following regarding ServiceNow, Inc. (NYSE:NOW) in its second quarter 2025 investor letter:

“We did see good results from AI-ecosystem holdings in IT and industrials. Within IT, ServiceNow, Inc. (NYSE:NOW) remains a leader among its software peers in the monetization of generative AI, with a target of $1 billion in annual contract value from AI-related products by 2026.”

While we acknowledge the potential of NOW as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.