CRM
Salesforce, Inc.
stock NYSE

Biggest moat is MSFT followed by CRM then Uber. All three have huge moats. NFLX is another tier down because it’s easiest to cancel and replace.
All four companies are around a reasonable value. The drawdowns are based only on narrative. CRM is down purely based on Ai disruption speculation. Fundamentally it is an above average company.
MSFT is down for the same reasons and also because of the Open AI concentration. We might need to see two narrative shifts for a reversal
Netflix is down due to uncertainty regarding the Warner Bros deal. It will be dead money until that clears up but fundamentally is as strong as ever.
Uber is down to due speculation regarding self-driving. Personally, I don’t see expensive, yet to be regulated self driving cars achieving threatening scale any time soon, but that story will have to play out.
All four are good safe buys if you have a 3+ year horizon.
I don’t know about NVO to offer a value based perspective

Your “I thinks” don’t do it for me. Google and hell even crm are investors in Anthropic. CRM was pillaged and want to Epstein island a couple weeks back. While Amazon invested more, anthropic wont make a dent in their earnings or guidance. I did see bullish option flow going into day even will es was dumping. Nothing to write home about but still of interest. I’d rather go with a sure bet with puts on Rblx. Send that bitch back to the 20s

CRM and Microsoft are my choices. I’d you ever worked with a sales organization you realize that SalesForce is like Microsoft in that the switching cost is astronomical. 

A ton of CRM's revenue depends on bundling high profit, low-value features with the must-have core product. AI allows users to unbundle. What would happen to Apple stock if iPhone sales remained strong but their 30% cut from sales on the app store dropped sharply?

Which positions?
Mine are CSU (-30%) and ADBE (-10%). Considering adding one of CRM, SAP or NOW but need to research more. 

But that is exactly the arb opportunity right now. Mission critical software vendors like CRM, NOW, CRWD, DDOG are dropping alongside the nice to have software vendors. There is indiscriminate liquidation as opposed to clear winners and losers as a result of AI

10k short term loss shouldn't matter to a long term value investor whose portfolio is reasonably diversified. If you believe your research and the market has mispriced the share, then just hold. Your holding period is usually 3-5+ years. The only lesson may be to be more careful with your margins, and DCA to leave room to buy more if the share tanks more.
I'm down on many of the stocks I bought, CSU is down like 8% for me, I'm ok with it because my holding period is 5+ years. I'm down on other shares like ADBE NFLX, CRM, but they are very small positions. I've also got a decent % of my portfolio in Gold as a hedge to cushion any short term paper loss.
When you buy X amount of a single share, you have to ask yourself, are you ok with losing 50% of its value. If the answer is no, then you are buying too much.

As someone who used to cover large cap tech in Asia, I agree with the thinking that the fears over AI’s impact is overblown; however, I disagree with the premise that it’s unfounded.
Software companies who are horizontally integrated have a real problem on their hands; they have no moat or business security that provides a defensible position to disruption — they will be the first to get blown up.
When you think about Microsoft’s positioning conceptually, they are in the perfect place to overthrow companies like SNOW or even CRM given their vertically integrated model plus their AI investment. Same with the other hyperscalers. Basic SaaS models are going to be destroyed when Microsoft adds an AI version of said SaaS product to their 365 suite. That is the reason software is dead and it’s not going to change.
Another example would be Thomson Reuters move down yesterday because of the Anthropic announcement — you could argue that the move was overblown — don’t disagree, but it doesn’t take away from the fact that the disruption comes in a blink of an eye and no one wants to be left holding the bag.
There is value in the space but that doesn’t mean the market movers (institutional investors) are going to take that risk, which likely means the sector will continue to remain flat.

loaded up on some software, WDAY, HUBS, CRM

## 📈 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 |
|:-------|:-----|:-----:|:---------:|:----------:|
| [WMT](https://marketrodeo.com/asset/WMT) | Walmart Inc. | $128.00 | $129.41 | $1.0T |
| [XOM](https://marketrodeo.com/asset/XOM) | Exxon Mobil Corporation | $147.59 | $147.84 | $622.4B |
| [JNJ](https://marketrodeo.com/asset/JNJ) | Johnson & Johnson | $234.47 | $235.83 | $564.9B |
| [CVX](https://marketrodeo.com/asset/CVX) | Chevron Corporation | $181.23 | $182.59 | $362.3B |
| [KO](https://marketrodeo.com/asset/KO) | The Coca-Cola Company | $77.35 | $78.11 | $332.9B |
## 📉 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 |
|:-------|:-----|:-----:|:--------:|:----------:|
| [NFLX](https://marketrodeo.com/asset/NFLX) | Netflix, Inc. | $80.16 | $79.22 | $339.7B |
| [SAP](https://marketrodeo.com/asset/SAP) | SAP SE | $199.68 | $189.22 | $232.7B |
| [CRM](https://marketrodeo.com/asset/CRM) | Salesforce, Inc. | $199.44 | $187.28 | $189.9B |
| [INTU](https://marketrodeo.com/asset/INTU) | Intuit Inc. | $445.64 | $411.11 | $124.1B |
| [PGR](https://marketrodeo.com/asset/PGR) | The Progressive Corporation | $205.54 | $197.92 | $120.5B |
**Source:** [52-Week Highs-Lows](https://marketrodeo.com/market-movers?tab=highs-lows)

It’s not “trust me bro.” Nor is it intuition. I was pretty clear that my view is based on my knowledge of how large companies operate and the simple principle of a comparative advantage. I simply do not think that the vast majority of large corporations are going to ditch SaaS entirely. I’m not saying some things won’t get done in house, I’m saying that there are some considerations that you seem to be overlooking based on your narrow perspective. Complex process automation, for example, will never be done in house. CRM? Maybe.
I’m not dodging your questions, I just don’t need to write an essay to answer them because we fundamentally disagree here, and that’s okay. You might be right. I just disagree with a lot of what you’re saying and I’ve been quite clear about why, it’s not some vague intuition at work.

You're making a claim but you are not backing it up with anything other than trust-me-bro. I notice that you've dodged answering any of the questions I asked. I'm not asking you to trust me on anything. I'm simply pointing out that the incentives are changing and the friction levels are getting lower and asking you to think about what depends from that.
And there are already numberless examples of companies moving away from enterprise software. It happens mostly when a) the software is foundational to the business or b) the system is at an unusual scale or has uncommon requirements.
Netflix moved from classic Enterprise databases (Oracle) to open source platforms + cloud + custom in-house software. Oracle was too rigid an it was a single point of failure. Goldman Sachs moved away from Enterprise database to a custom in house solution. They didn't want what defines their edge to be shared by anyone else. Zara built a custom in-house CRM because they wanted it lean.
In each of those examples the company had a reason to *own the constraints* instead of accepting the vendor’s. And I told you I have been exploring this recently and because the barrier to doing it has suddenly become dramatically lower. It's lower for everyone. So small and medium sized companies can conceivably do this now because they don't have to have a five year engineering bench dedicated to it. And, as I've listed here and could continue to, despite your intuition, it's not uncommon for *Large Companies* to move away from enterprise already. And for every company of any size, the barrier to making that move is getting lower.

I don't think I'd want that on my CRM history even if they did. It's not a situation I personally would have ever thought to do a chargeback on.

# one bigass joke: VaLuE iNvEsTiNG
# --> there are people in r/ValueInvesting with ports only containing: CRM, ADBE, PYPL, UNH
# how can you hate money so much??? why don't they just buy the indey????

I don't know about the Goldman conspiracy, but I do think the 'AI Death' narrative is being lazily applied to everything. There is a massive difference between a 'wrapper' app that AI can replace and a System of Record. Salesforce and Intuit hold the actual customer/financial data. AI agents need that database to function; they don't replace it. Driving these multiples down to GM/Ford levels because of 'Genie 3' fears seems like a massive mispricing of the moat. I’m starting to accumulate CRM here purely on the cash flow yield

Just as we suspected for a while, the insane volatility in quality names like CRM , INTU and ADBE is driven by Goldman shorts and the BS narrative that Ben Reitzes of Melius Research fronts for them on CNBC: [https://stkt.co/KuZRUdwV](https://stkt.co/KuZRUdwV)
Yes, some SaaS are overvalued and needed to come down but currently GM and WMT have higher forward PEs than some of these stocks still growing at 10% + clip, and most of these are 25 year+ companies that have grown through multiple market disruptions.
Some of these snapped back today but I suspect they will continue to try and drive these down, we need a WSB moment for some of these stocks before these criminals destroy lives.
Even the AI daddy is calling it BS: [https://www.reuters.com/business/nvidias-huang-dismisses-fears-ai-will-replace-software-tools-stock-selloff-2026-02-04/](https://www.reuters.com/business/nvidias-huang-dismisses-fears-ai-will-replace-software-tools-stock-selloff-2026-02-04/)
Mostly because he knows it's the large enterprise SaaS companies that are footing the bill for the AI buildout one way or the other and biting the hand that feeds hardware will come home to roost very soon.
It's not even a secret: [https://x.com/aakashgupta/status/2018936091232067921](https://x.com/aakashgupta/status/2018936091232067921)

Nothing will be touched by ai, all the chats integrate plugins / connectors for the software that you we been using all this time. I also can fix my roof, i can do some plumbing, i can watch my son myself instead of sending him to daycare, but all this shit I delegate to those who do it better and can free up my time to focus on things that I enjoy and that make me the most buck. Im not gonna spend time and effort to vibecode a fucking duolingo, i just pay them $10 a month and focus on my things. Moreover banks / military / hospitals are not going to vibecode shit! They will keep using $CRM and keep deploying AI to provide better healthcare services.

well as of a few hours ago i like software in the short run thanks to Jensen's magic touch
probably looking for a 5%+ bounce here, got TEAM, WDAY, CRM, and HUBS

CRM - Salesforce

A few weeks ago was up $6k with CRM. Now down $40k.
I do think it will bounce back. In the meantime I just act like it’s not real money and honestly it takes the edge off a ton. Still got the salary paying my bills and pumping my 401k so /shrug. Just another day in the stock market casino.