CRM
Salesforce, Inc.
stock NYSE

There are certainly some SaaS companies who will be affected by cutting expenses due to AI, but that won't be CRM, SAP, NOW, VEEV. Real risk is to the companies like ADBE, TEAM, Accenture, cognizant etc.

I'm curious what's bad with CRM? Even I avoided ADBE though it surged but in long term its risk. I went with NOW, SAP and CRM.

Horses for courses. CRM and ADBE were my 2nd and 3rd biggest gains this year 🤷‍♂️

I won't say its skill till I donit for 5 years so sure. Its just thinking for yourself and not blindly following reddit. But in general I do like this place and some good stocks are brought to my radar here and the stocks the sub really gets onboard with tend to play out well.
The big ones this sub loved and I avoided were NVO, NKE, LULU, CRM, ADBE. And I'm happy to have avoided those. Meanwhile my PYPL position I got shit on endlessly for is looking more and more like it is going to make me some very nice returns with this $70 offer in the works.

CorMedix ($CRM)
Just had another look at CorMedix after the latest Q2 results, and the story continues to look interesting.
Q2 revenue came in at $101.9M, with $26M net income and $58.7M adjusted EBITDA.
DefenCath generated $66.1M in Q2, and the company now has supply agreements with all five major U.S. dialysis organizations.
Even more interesting: management maintained 2026 revenue guidance of $325–345M, while raising adjusted EBITDA guidance to $125–140M.
For me, the biggest change is that this is no longer just a biotech waiting for a product to work.
DefenCath is already generating significant revenue and profit.
There are still risks, of course, and the valuation needs to make sense at the current price. But if DefenCath adoption continues, I think the market may eventually start valuing CorMedix more like a profitable growth company rather than a small biotech.
I’m still holding and watching the numbers closely.
Not financial advice — just sharing my research.

CRM has like an 85% chance of continuing to climb into year end (relative to the market of cours)

I actually sold most of my CRM. Basically if I had $1 would I buy CRM or GOOGL (or insert stock). If I had $10, if I had $100, etc have to get pretty high before I decide to get some CRM. In fact, I should convert what I have left to GOOGL.

I would use AI to find out where crm is and where it can be based on what NOW did for its earnings.
I hit on NOW and TEAM calls. I wanted to hop into CRM but wanted to get in at 170.
I think you'll be fine at 220 but I would def switch out of it to go get some cheaper Saas. 

I own CRM at around $220, but I didn’t buy the dip because it kept dropping pretty aggressively day after day. With RDDT, I haven’t bought yet. I’m waiting to see if the price comes down after the S&P 500 inclusion, then I’ll consider getting in.

I do wonder how much credence I can give to the idea that SMBs can just vibe code CRM. Let's suppose they can build something robust and then maintain it. What about data migration? Are they going to hire a consultant to do it, or do it themselves?

I’ve been researching a few names recently that I initially wasn’t very convinced about: AMPX, ONDS, RDDT, and CRM.
I actually own CRM at a relatively high average cost, so I’ve been digging deeper into the company to figure out whether the long-term thesis still makes sense or if I simply made a bad entry.
AMPX and ONDS caught my attention because of their potential growth and the markets they’re targeting, while RDDT has made me rethink how valuable its user base and data could become.
I’m still skeptical about the risks and valuations, especially with the smaller names, so I’m not saying I’m bullish on all four.
What stock changed your mind recently, and what specifically made you change your thesis?

No new trades at the moment for today. I was looking at selling a put on SPCX, but the return on BP isn't what I want. There are a few underlyings that are close to possible trades for me, but nothing that's screaming at me. So I'll wait. Might not put anything on until Monday. I have some BP that's ready to use.
**Active trade chains (including rolls):**
Same as yesterday. Nothing new. Still managing CSCO and CRM trades.
**Closed trades:**
**BTC 1 /6JU6 JPUU6 09/04/26 Put 0.0062250 @ 0.000009**
Closed this /6J put in 2 days for a 50% profit of $125.
**Results for the week:**
Active trade chains: -$442
Fully closed trades: $459
\---
Account is still neutral at -37 beta weighted deltas. Up on the day again. This account hit new all time highs both yesterday and today. Earnings is next week for a few of my positions, so will be taking some off, and if they are losers, I'll be looking to put them back on after earnings.

It's Microsoft we're talking about, not going anywhere, they are in fact the most reliable individual stock to be holding, I'd be more worried about NVDA.
MSFT has made Windows, Office apps, OneDrive, CRM systems and lots more which you, your kids, parents, dogs and cats all use in one way or another ;D

INTU & CRM & SHOP once again treating my port like a meme stock.

Would love to see CRM hit 207 so I can get the fuck out of that shizz.

I’m a CRM founder, and here’s what I’m seeing in the market right now:
A lot of small companies are trying to build their own CRM because they assume it will be cheaper. In practice, the hidden complexity: bugs, maintenance, security, data leaks, integrations, and engineering hours, always makes it more expensive than expected.
What has fundamentally changed, though, is **who can build a serious CRM**. You no longer need a Salesforce-sized organization. A small, focused team can now build and maintain something that would have required hundreds of people a decade ago. That’s exactly what we’re doing.
So I agree with the disruption thesis, but not necessarily the DIY thesis. If CRM isn’t the product you sell, building your own can still be a trap. AI lowers the cost of building software, but it doesn’t eliminate the complexity of owning and maintaining it.

I bought into small positions for NOW, CRM, ADBE, Z-Scaler. I got out of NOW at $135 less than a month later, 50% gain.
I eventually cut and exited at cost ADBE and Z-Scaler. Yes, there was room for them to run up, but the room for them to go down was also there and I had concerns around both. Had I kept ADBE it would only have been a 14% gain, and my Z-Scaler position was sized so small that I would've made only a few hundred anyway (133 to 188). CRM I have much more faith in, but I exited at a small gain out of boredom - I don't like to be continuously monitoring something.
% gains are nice but the risk exists for a reason. I'm not fully convinced about ADBE - they're not going away, but I don't know when their freemium strategy will pay off. They won't lose all their customers, but it's also true that they now have downward pressure - I simply don't know how it will turn out.
OTOH something that is a lot more stable like MSFT - I notched a 25% gain "only" but I was comfortable sizing up much more and consequently made a lot more money than my other positions, for far less stress and research.

AI doesn’t eliminate the need for IT services. It changes the type of IT services companies need. Banks, hospitals and logistics companies still need integration, cloud infrastructure, cybersecurity, data engineering, ERP/CRM systems, compliance and ongoing maintenance. In fact, implementing AI at enterprise scale itself requires a lot of IT work.
The bigger risk is to low-value, labour-intensive IT services, not necessarily the entire IT-services industry.

I am getting impatient with CRM. I hope it will rocket soon.

ORCL and CRM