CRM
Salesforce, Inc.
stockNYSE

Great time to buy this stock for several reasons: 1. A portion of their earnings is cyclical and tied to natural disasters of which there have been few recently. Makes the stock look more expensive than it is. 2. They are a baby thrown out with the bath water of the SAASpocolypse. Even though their business is based on an irreplaceable proprietary digital asset not a CRM or something like that.

Adobe is doing pretty poorly compare to it’s peers. A lot of SAAS has been turning it around these past few months because the market has realized companies are more than the code itself. There are compliance requirements with security, privacy, etc. and it’s important to have and maintain relationships with customers. NOW and CRM have been turning it around but with Adobe having more exposure to consumer customer base rather than enterprise customer base, it is not looking good for them.

Right now, one of the companies I’m most confident about is Klaviyo. I invested in it in september at around $18.70 per share, and I still have a lot of confidence in the project. After analyzing its financial statements, business model, and growth prospects, I came away with the impression that it has very interesting long-term potential. I also agree with several of the points you mentioned. The more I analyze the company, the more I see the potential competitive advantage it could be building around data. Klaviyo is not just a marketing platform; it is also accumulating a massive amount of information about consumer behavior through the interactions it manages and its numerous integrations with other platforms. Because of that, I would even go as far as speculating that, in the future, this infrastructure and the amount of data Klaviyo has accumulated could make the company a very attractive acquisition target for a much larger technology company. I’m not saying that this will necessarily happen, but I believe the strategic value of its data platform could eventually become just as important as its marketing and CRM business.

There are elements that are and aren’t bubblish though The technology itself is here to stay and will continue to improve. That said it will also get more expensive very soon, the roll your own mega CRM will lose appeal against traditional SaaS, ai startups are going to be crushed by the frontier labs that can easily copy and deploy on crazy timelines. Internal AI spend at companies is going to be seriously evaluated when the prices go up. I’ve already seen/heard skepticism growing from a few CFOs/CEOs of current spend vs ROI vs promised of two mega financial institutions

$NOW $SAP much better businesses than $CRM and $TEAM to me. Also like $WDAY

My company tried to use salesforce to upgrade its POE and CRM systems and it was a complete mess so they switched to Shopify. Just an anecdote!

If SPX spreads are too big for you, just go SPY, it's 10x smaller. Keep in mind it's not an index though, so it's physically settled, and you can get assigned shares. I'd stay away from XSP, the liquidity there is pretty rough. I don't have anything on the S&P right now myself (I do like selling 0DTE there though). Right now the interesting opportunities are mostly in energy and tech (for such a low vol regime). I've had trade chains going on CRM, INTC and URA for a while (strangles now, since they were actively managed). Closed a credit spread on TSLA two days ago (it used to be a calendar, but I had to roll it). If you've got no ideas on what to get into in such a low vol regime, I'd go with calendars and long vega strategies. For calendars right now, as of today check SLV (IVR 6, price \~$55), but also NVDA (IVR around zero, price \~$240), and take a look at IBIT and URA too. As for selling premium, don't force trades. In this kind of market we should be focusing on staying defensive.

Hi all, Below is my current portfolio allocation. I’m 39 and have another $100,000 to invest. I could put the full amount into Wealthsimple’s Classic portfolio, but they charge a 0.4% management fee, which feels quite expensive to me over the long term. At the same time, I don’t have a strong investing background, so I’m concerned that choosing individual stocks or even selecting and weighting ETFs myself could lead to mistakes. Given my current portfolio and age, what would you suggest for investing the additional $100,000? |Holding|Type|Value|% of invested portfolio| |:-|:-|:-|:-| |**Classic**|WS Managed portfolio (Growth 90k and aggressive remaining)|**$109,043.78**|**31.11%**| |**VOO**|ETF, S&P 500|**$70,310.47**|**20.06%**| |**VEQT**|ETF, global all-equity ( US **45.0%** **Canada** **30.6%** **international** **17.6%** **Emerging markets** **7.0%)**|**$31,527.11**|**8.99%**| |**NVDA**|Stock|**$31,326.94**|**8.94%**| |**VTI**|ETF, total US market|**$18,515.92**|**5.28%**| |**XCHP**|ETF, semiconductors|**$14,562.52**|**4.15%**| |**TSLA**|Stock|**$11,359.77**|**3.24%**| |**QQQM**|ETF, Nasdaq-100|**$11,109.55**|**3.17%**| |**GOOGL**|Stock|**$10,859.34**|**3.10%**| |**AMZN**|Stock|**$7,306.28**|**2.08%**| |**MSFT**|Stock|**$6,005.16**|**1.71%**| |**AMD**|Stock|**$5,554.78**|**1.58%**| |**PLTR**|Stock|**$4,904.22**|**1.40%**| |**ETHQ**|Crypto ETF|**$4,403.79**|**1.26%**| |**EQIX**|Stock / REIT|**$3,002.58**|**0.86%**| |**CRM**|Stock|**$2,852.45**|**0.81%**| |**SHOP**|Stock|**$2,552.19**|**0.73%**| |**META**|Stock|**$2,101.81**|**0.60%**| |**NBIS**|Stock|**$1,801.55**|**0.51%**| |**GOLD**|Stock|**$1,000.86**|**0.29%**| |**RIVN**|Stock|**$250.22**|**0.07%**| |**INO**|Stock|**$150.13**|**0.04%**| |**TOTAL**||**$350,501.42**|**100%**|

I wish I bought ADBE back in July tbh. But CRM really has been the worst. down $700 today, $2k overall. It'll go back up at some point, but for now its wrecking my investment port

MAN I THOUGHT SAAS WAS INVERSE MEMORY WTF WRONG WITH CRM\