Macroeconomic uncertainties and potential policy changes under President-elect Donald Trump's administration have pushed the stock market to new heights over the past four weeks. However, investors can benefit if they focus on companies that can navigate challenges and deliver strong returns in the long term. Analysts at the top Wall Street firms recommend stocks of companies with robust financials, reliable business models, and attractive product offerings.
One such recommendation is ServiceNow, which received a positive rating from Moskowitz, who raised the price target to $1,070 from $980. The analyst cited the company's strong outlook for the near term and medium term, robust demand, and the potential of its Workflow Data Fabric product, which is expected to double its total addressable market to $500 billion
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