CRM
Salesforce, Inc.
stock NYSE

I am poor at taking losses.. i still own CRM and ACN bags😑

What on earth is this nonense? How does CRM look like a sell at these prices 🤣
Are you not aware of the SaaSpocalypse that is indiscriminately hitting all SaaS companies and that CRM recently posted another solid quarter and massive buybacks?

Yeah, I finally bought up a couple hundred shares of each of the following today:
$ORCL
$MSFT
$NOW
$PLTR
$CRM

I don’t know if any of you has tried to use META to buy ads or manage a business - you know, the thing that makes them actual money - but it’s a buggy shitty nightmare of a mess. Take those billions and make your core product good you fuckers. Make WhatsApp business decent, build it into a CRM, allow us to use APIs at the same time as a web app, make managing multiple accounts smooth. Stop fucking with stupid shit like the metaverse and AI for a bit. Goddamn it.

Here is why Claude thinks Saas is going away. Example: Workday
Workday exists because you need software to manage humans — payroll, performance reviews, headcount planning, benefits administration. If you replace 80% of white collar headcount with agents, the *entire demand premise* for HR software collapses. You don't need to manage agents the way you manage people. They don't have salaries in the traditional sense, performance reviews, career ladders, or benefits.
**This extends beyond Workday:**
* Salesforce — exists because salespeople need CRM. Replace salespeople with agents, CRM as currently conceived becomes irrelevant
* LinkedIn — entire business model is human professional identity and recruiting. Both collapse under mass white collar displacement
* Workday, SAP SuccessFactors, ADP — all fundamentally HR/payroll businesses. Headcount goes to zero, so does their revenue rationale
* Legal tech, compliance software — built around human practitioners
**The deeper point:**
Most enterprise software is essentially *human middleware* — tools that help humans do cognitive work more efficiently. If you remove the humans, you don't need the middleware. The agents coordinate directly.
**What survives:**
Probably the data layer and financial systems of record — you still need to know what the agents spent, what revenue came in, what the legal entity owns. So Oracle financials, core ERP probably survives in some form.
**The irony:**
The companies most exposed to this scenario are exactly the ones currently positioned as "AI winners" because they're embedding agents into their platforms. They're building the technology that ultimately justifies eliminating the human workflows their entire business depends on.

IGV Still trades at 32x earnings, still a lot of growth priced in.
ADBE/CRM/NOW/INTU are lousy companies with lousy products.

AXP, MELI, TTD, and CRM all seem like buys here (own the middle two).

I bought ADBE, NOW, CRM, NVO this week. Pray for me.

I do around 12-14 (GOOGL, AMZN, MSFT, META, MELI, NFLX, AMD, ASML, NVDA, MA, SPGI, SOFI, CRM, INTU are current holdings). To me it is not that slow to refresh the entry points and posible sells target every 3 months. If I do it more frequently I wouldn't be able to have that many stocks. Right now I get pretty busy on weekends during earnings season to do all of them.
The rest of the quarter until next earnings season I really don't care on stock sentiment (right now, MELI, CRM, INTU, MSFT, MA, SOFI are in the gula but it has been a good time to dca on them, also was buying AMD the whole quarter until last week)
I try to focus more only on the earnings report and guidance by the company than by headlines (which are important to understand the fundamentals) because the companies I usually go to are not random but the best companies in the world and I have to trust their leadership to do the job they have been doing so far to get those companies where they at now.

6.6x sales, growing revenue at 20%\~
software company with 80% gross margins. these types of co's easily hit 20% net margins when growth slows.
assumption is it's worth depressing net margins while they're growing so fast. there may be bumps due to biz cycle, but they're still small enough that they can compound revenue a lot for a while. it's a good value now and if it drops more it'll be a better value.
p/s ratio is admittedly very rough but if you look at similar enterprise software companies on 15+ year time horizons, around 5 is fair for 10% growth, so CRM's 6.6x at 20% growth is quite attractive
all this assumes u agree in their business model/market position

Volume spikes are taught as bullish confirmation. Price breaks out, volume surges, you buy. It's in every beginner guide.
I pulled backtest data on two volume screens across US equities on the 15-minute timeframe. The short side beat the long side on every stock in the dataset.
|Stock|Screen|TF|Side|Win Rate|PF|Trades|Avg Hold|
|:-|:-|:-|:-|:-|:-|:-|:-|
|AMZN|Volume Surge 2x|15min|SHORT|62.8%|2.27|43|21.7h|
|AMZN|Volume Shock 3x|15min|SHORT|61.1%|1.91|36|24.7h|
|AVGO|Volume Surge 2x|15min|SHORT|62.2%|1.45|37|34.3h|
|CRM|Volume Surge 2x|15min|SHORT|60.8%|1.53|51|19.0h|
Every entry sits above 60% win rate. AMZN on Volume Surge 2x posted a 2.27 profit factor across 43 trades. That's the strongest result I've found from any volume screen in this dataset.
The logic tracks. A sudden volume spike on a 15-minute candle often marks the exhaustion point of a move, not the beginning. Retail sees the big green bar, piles in, and the move fades. The short side captures that reversal.
Hold times run 19 to 34 hours. These aren't scalps. You're holding into the next session and catching the pullback.
Caveat: trade counts range from 36 to 51. These aren't massive samples. The consistency across three stocks and two different volume thresholds (2x and 3x daily average) is what makes the signal interesting, but I'd want more data before calling it definitive.

this posting aged like fine wine :) Not trying to talk smack, I'm pretty much all-in between NOW and CRM. The drop the past couple of days has been mind boggling but it looks to me that we are near capitulation...unfortunately I don't have much dry powder left to avg down so at this point gotta just sit back and wait for the inevitable ride back up.

Even the Mag 7 will fall from their perch someday
Insane to get in front of the moving AI train and pick up these declining businesses like CRM, ADBE, ADP
Just buy QQQ and sleep well at night. The cream will rise to the top on its own.

Market is pricing $CRM as if its EBITDA margins are going to collapse to roughly ~25% (currently low 30s) and revenue growth is going to be anaemic.
You need to decide if that sounds right to you.

Hear me out: News articles, rosey speeches by CEOS tout how it's only learning models, competition, and coding that AI SaaS have to deal with, but I think people are overlooking physical limitations.

AI agents require cloud computing which requires space and data centers, which over half have been canceled or delayed long term in the US alone.

So, yes all the competitive companies and learning models are an issue, but I think the physical limitations are a bigger red flag.

Correct me if im off here, but I think most of the AI agent tech stocks are a sell right now.
Seeing CRM drop 30% in 6 months (since launching Agentforce) is a tell-tale for me. Especially since EVERY outlet and tech people are pushing how much it will bounce back...yet it continues plunges more and more.

Do you think it will sink some more?

## 📈 52-Week Highs:
The 52-Week Highs list shows stocks that have reached their highest price point in the past 52 weeks during the trading session.
| Symbol | Name | Price | Year High | Market Cap |
|:-------|:-----|:-----:|:---------:|:----------:|
| [CAT](https://marketrodeo.com/asset/CAT) | Caterpillar Inc. | $790.66 | $797.85 | $370.0B |
| [LRCX](https://marketrodeo.com/asset/LRCX) | Lam Research Corporation | $263.66 | $268.23 | $329.3B |
| [AMAT](https://marketrodeo.com/asset/AMAT) | Applied Materials, Inc. | $399.50 | $407.29 | $317.0B |
| [INTC](https://marketrodeo.com/asset/INTC) | Intel Corporation | $62.38 | $63.39 | $311.6B |
| [KLAC](https://marketrodeo.com/asset/KLAC) | KLA Corporation | $1737.37 | $1759.96 | $228.3B |
## 📉 52-Week Lows:
The 52-Week Lows list shows stocks that have reached their lowest price point in the past 52 weeks during the trading session.
| Symbol | Name | Price | Year Low | Market Cap |
|:-------|:-----|:-----:|:--------:|:----------:|
| [ABT](https://marketrodeo.com/asset/ABT) | Abbott Laboratories | $100.30 | $99.34 | $174.3B |
| [CRM](https://marketrodeo.com/asset/CRM) | Salesforce, Inc. | $164.96 | $163.52 | $154.6B |
| [ACN](https://marketrodeo.com/asset/ACN) | Accenture plc | $179.53 | $177.50 | $110.5B |
| [INTU](https://marketrodeo.com/asset/INTU) | Intuit Inc. | $350.94 | $342.11 | $97.7B |
| [ADBE](https://marketrodeo.com/asset/ADBE) | Adobe Inc. | $225.35 | $224.18 | $91.9B |
**Source:** [52-Week Highs-Lows](https://marketrodeo.com/market-movers?tab=highs-lows)

pure play software such a terrible place to be. Atleast MSFT and ORCL have data centers and systems of records. Imagine being CRM, HUBS, NOW, CRWD, PANW, MNDY, PLTR and etc.

One thing that is interesting with the SaaS sale offs is the use of buybacks. Like CRM started to accelerate their buybacks in March. With the stocks still stinking, feels like setting money on fire lol.

ZS,rubrik,snow, adobe,pltr, CRM
The above had a slower meomentum of dropping today and has a closing price that is higher than the low of the day. Today is friday, so if it wasn’t a bottom, the close would have seen very large volume of dumps.
snow, crm and pltr even see higher after close prices.
Those are my thoughts
PANW, crwd and Now are probably not near bottom yet. Panw sees a director insider sale 1572 shares on 04/08.
even though ceo bought more.
MS sold restricted shares of CRM last a few days purchsed in 2022.
I personally think it’s safe to grab a few fractional shares in snow, rubrik. those two see very big orders after burning through tarrif trade low.
CRM basically is flatenning out.
anyways, disclaimer: I have positions in all of those and added a little more today.
Feel free to share your thoughts

It's multiple contaction. Not justifying it, the market overreacts.
But you could make an argument CRM is not worth 50+ (year) multiple. Looking at AI, you cannot extrapolate for even the next 5 years, much less 50.
I'm adding MSFT. So doing my part to prop the index.