Justin Saco of Saco Financial joins Jermal Chandler with a contrarian read on the AI software trade. During the so-called SaaS apocalypse, the market painted every software name as AI roadkill and sold them off together. Saco's point is that there are really two buckets: names that get replaced by AI, and names that bolt AI onto what they already do and turn it into a catalyst. His top conviction play in the second bucket is ServiceNow, a beaten-down name he thinks is making the stage one to stage two turn with strong fundamentals behind it. 📊 tastylive: tastylive.com 📰 Get Tom's pre-market analysis every morning: tastylive.com/newsletters 📘 FREE Options Strategy Guide: tinyurl.com/bp9ms763 📱 Follow tastylive on X: x.com/tastyliveshow Chapters 00:00 A resilient market, rates matter 00:35 Hunting beaten-down names turning up 01:06 ServiceNow, the top conviction play 01:36 The two buckets of AI software 02:36 Put spread to finance a call spr...