CRM
Salesforce, Inc.
stock NYSE

Sure I can narrow it to a few rn. Microsoft, CRM, Uber. Buy and check in a few years. You’ll be up bigly. Bookmark it

Don’t put ADBE in the same discussion. Their stock started weakening long before the SaaSpocalypse started.
AI is going to change everything. Question is, which companies will benefit and which will lose business? I’d bet on NOW and CRM.

Buy CRM full port! 

CRM sales aren't just from software but each company hire solution architects when you buy a software. They come in and customize the CRM to your company needs. That's a big billing line item. With AI that bill will be much less because AI can do the custom work and act as a in house solutions architect.
Nobody's building their own Salesforce but Salesforce consultants aren't needed as much anymore. That's where the productivity gains will come from imo. And that is cost savings and less revenue to Salesforce. That's my thesis atleast.

Building your own CRM was already possible before AI. In terms of security, support maintenance updates etc SaaS remains better than on premise though for many companies

Can someone tell the market so my losses can be erased on NOW, CRM and SAP?

Agree, it’s a scam. We moved CRM in my current company to SF and it reminds me of the 90s

Mejo crowded na rin yung iba e at alang MOAT mejo thesis building muna, monitor sa Software (CRM, NOW, SHOP) kung talagang useful ba ung LLM sa productivity, or Hype lang or bubble. monitor din kung ung mga companies ayaw na ng Token Maxing so gamit sila sa Neo-Clouds (CRWV NBIS IREN), or MAG7 kung makapag generate ba talaga ng returns sa LLM.

mejo may katas pa siguro: Network (LITE, GLW MRVL atbp), power (BE GEV ETN OKLO atbp), training data (RDDT). MU meron pa yan, moores law is dead lalo na sa memory. Yang CPU/GPU pwede dagdagan ng power para bumilis, HBM hindi. or AMD kung maganda un performance ng mi450
Yan dami idea. pili ka ng thesis jan.

It depends what you are using from that CRM. Building a basic CRM tool is actually very easy and expedited by AI. Also many firms like to have it customised to their particular business journeys. Previously we would have paid for that customisaton and ongoing support. Big organisations can replace CRM tools. I know this because I've seen it and currently working on a Salesforce replacement too.

Tech Stocks From Record Highs:
1. Coinbase, $COIN: -69%
2. Oracle, $ORCL: -57%
3. Salesforce, $CRM: -57%
4. ServiceNow, $NOW: -56%
5. Netflix, $NFLX: -48%
6. Palantir, $PLTR: -48%
7. Microsoft, $MSFT: -37%
8. Meta, $META: -32%
9. Arm Holdings, $ARM: -27%
10. Broadcom, $AVGO: -26%
11. Marvell Technology, $MRVL: -20%
12. Nvidia, $NVDA: -19%
13. Amazon, $AMZN: -19%
14. Alphabet, $GOOGL: -17%
15. CrowdStrike, $CRWD: -15%
16. Apple, $AAPL: -14%
17. Taiwan Semiconductor, $TSM: -12%
Calculated Friday morning, source: The Kobeissi Letter

I think the key split is systems of record vs. workflow wrappers. A CRM/payroll/ERP seat is not just a UI; it’s approvals, audit logs, permissions, integrations and a CFO/legal/security committee waiting in the bushes with a clipboard.
AI probably pressures the thin wrapper tools first. For the boring core systems, it may just turn into another add-on meter. Very exciting, another line item with vibes.

You're missing the big picture which is that Salesforce charges a ton of money to companies for a CRM to manage leads and a sales pipeline. Mark my words, this will be the first enterprise vibe coded app. Mid size companies that pay $1m/year for this will dump salesforce for cheaper options, and their AI isn't impressive enough to keep clients on the cutting edge. I work in the industry and have 30+ yrs of experience in enterprise software.
The stock market knows more than all of us combined. The tape is telling you some tiny real, I'm short IGV.

Duol, CRM, microstrategy, Netflix

I've had this exact kind of config drift bite me before, it's brutal because the backtest still looks clean until one sector starts behaving totally different. tbh I'd treat the universe file like code: version it, log which symbols were active on every run, and cap exposure by theme/sector so NOW + CRM can't basically be the same trade twice

Today is an excellent preview of the "flight to value" phenomenon that occurs when capital shifts away from high-risk, speculative assets and into undervalued assets with strong fundamentals. AI stocks are going down and the SaaS companies that have been an endless conversation on this subreddit are going up.
This is just one day so who knows what will happen in the near term, but today is just a small glimpse into what will happen when the AI bubble unwinds. Companies like **CRM, NOW,** and other SaaS companies that have gotten beaten down will rise.
Additionally during periods of high inflation and higher interest rate capital flows towards companies with high FCF and again these SaaS companies have rock solid balance sheets and strong cash flow.
These market trends play out again and again, it is routine and standard capital allocation. If you have a medium to long term perspective and you're not positioning yourself for this you should seriously take some time to consider it.

Picked up some CRM leaps 200 Jan 2028. Feel like SaaS is going to see a rebound when everyone realizes AI can't vibe code enterprise platforms that need to be consistent between businesses.

CRM long

Tracking Data and Thesis for ADBE/CRM/NOW?

Guys I am hearing a lot about CRM but have you seen how cheap ACN is right now?

The only danger to the CRM revival thesis is that Anthropic and OpenAI enter a pricing war which further decreases tokenized costs, allowing greater access to their LLMs and leading to more Agentic AI build-outs. Which in turn threatens existing premiums for AgentForce, and anyone else thinking that integration of AI into their software means building their own AI Agent.....