CRM
Salesforce, Inc.
stock NYSE

CRM and ORCL need chemo

NOW, MDB, TEAM, CRM

CRM already has Ai integration and they already earned more than one billion dollars in revenue from AI. Furthermore, CRM has direct integration with Claude. CRM has early investment in Anthropic. 

the next value play. Is it NOW, MSFT, CRM, INTU?

Good question, I’m trying to find the next value play. Is it NOW, MSFT, CRM, INUT?

CRM ended green for the first time in over two weeks. Hopefully the bottom is in and we go green more consistently now.

I agree the next couple of earnings matter a lot, but I think the real question is less about tax-loss selling and more about which SaaS names AI actually helps vs hurts. That’s why I wouldn’t treat ADBE, CRM, NOW, INTU as one bucket. Some may look like gifts if the next few quarters show AI is strengthening the business, but others may just be getting rerated for a reason.

Who needs Salesforce when you can literally create your own CRM software from scratch?
SaaS is just about dead.

CRM has become a value play and probably an interesting value buy at this point, but Meta eating into its CRM market is a genuine headwind and Salesforce would have to innovate hard to keep its CRM business.

I got INTU, NOW, CRM, and ADBE let’s see what happens

I have a start up that implements ERP and CRM tools for small companies. Here’s my take and ill try to keep it short (unlike your post😛).
There are many small companies and there are many small ERP options. Those small companies can ask me to build them a makeshift ERP tool or a customized Odoo ERP to handle their operations, all in one platform. No big deal. It’s a small investment and they can use it at a relatively low maintenance cost.
Then there are the large companies that need ERP (like SAP) to coordinate workflows between many departments, a CRM (like Salesforce) for their many sales employees and maybe APIs that connect both together and to a Microsoft ecosystem (Teams/ Outlook). Those companies wont move anywhere. They are a sustainable cash generator for Salesforce. The cost of moving to a different platform is proportional to the size of their operations. Those companies are the reason why software companies like Salesforce have a gross margin of 77%.
So what will happen, for big companies, as those companies grow, they will keep adding users, more subscribers for ERP/CRM. Small companies that scale up, more subscribers for ERP/CRM. Smaller companies more likely to shop around ERP/CRMs and test other tools built by AI. But when they want a reliable platform that doesn’t hallucinate over their accounting books, they will go to a developer and ask for a reliable ERP.

I can’t see any bottom of traditional SaaS, I just built a simple CRM for myself in one day, with agents not only working for me but improving the system. 

💯 **agree.** I strongly believe AI is going to be a significant catalyst for CRM too.

CRM wants to go red here I can feel it

Is make a big distinction between saas like ADBE and CRM.
ADBE is pure software. I can imagine Claude code writing a replacement.
CRM is a data warehouse. It contains valuable business data. Claude code is going to make it more valuable.

New players have no enterprise relationship, which I think is the biggest moat for CRM and NOW.

WTF Intuit your the only one that’s shitting the bed while all the other stocks are up ADBE, NOW, and CRM 🤬🤬🤡🤬🤬

Yeah no fucking kidding.
I'm a product manager on a (non Oracle) product, and was recently working on an integration effort between our product, some Oracle stuff, and a few other third party tools and goddamn Oracle's stuff was a huge pain in the ass. I mean any big ERP or CRM is, by nature of being a big blob of capabilities just sorta taped on in layers over the years, but Oracle is particularly egregious.

SaaS giants like **INTU, ADBE, CRM, NOW and others** are down big. I’ve already started building positions in a few of these, and honestly, I’m happy to see the prices fall even further as long as the underlying numbers stay solid.
But the next 6 months are a huge opportunity for long-term investors. Here is why:
1. **The next 2 earnings will show the truth:** Everyone is panicking about AI. These next two earnings reports will finally show us the reality, whether AI is actually **disrupting** these companies and causing them to decline, or if it's **amplifying** their business while they continue beating estimates.
2. **The Peter Lynch Tax Dump:** Even if these companies smash earnings, expect their stock prices to drop even lower later this year. Peter Lynch always pointed out that in Q4, **both big hedge funds and individual investors** aggressively dump their losing stocks. They do this for "tax-loss harvesting" - selling their losers before the end of the year to offset the taxes they owe on their winning trades. When everyone rushes for the exit at the same time just for a tax write-off, it forces stock prices.
**The Bottom Line:** We are about to see if these fundamentals are actually intact. If the upcoming earnings show these businesses are not disrupted and are still beating estimates, but we *still* see a price crash in November-December because of tax-loss selling, it is an absolute gift to long-term investors

CRWD SNOW CRM NET NOW