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Which Software Stock Is a Better Buy? -Breaking

by Mike Robinson

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© Reuters. ServiceNow or Zendesk? Which software stock is better to buy?

In the past few years, investors have seen strong returns from software companies like ServiceNow (NYSE.) and Zendesk(NYSE.). Between the two, let’s see which should be part of your shopping list this year.Software-as-a-service (SaaS) stocks such as ServiceNow (NOW) Zendesk In the past decade, ZEN has generated substantial wealth for investors who are long-term. This subscription-based business model allows them to produce cash flows throughout all business cycles.

In the last five years, ServiceNow stock has returned 673% while Zendesk has soared 355%, easily surpassing the S&P 500 returns of 120% since December 2016. However past returns don’t matter much to current investors.

Despite impressive gains, NOW stock and ZEN stocks are now down 14% & 36%, respectively from their record highs. You can still buy the dip. Between the two, let’s see which stock is currently the better buy.

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