CRM
Salesforce, Inc.
stock NYSE

Is CRM going out of business? It's down 2% today and down 36.5% YTD during one of the "greatest bull markets in history" LOL?

Common INTU, CRM, NOW, ADBE

All SaaS stocks such as INTU, ADBE, CRM, etc I’m cooked

I should never have bought CRM calls. Death by continuous -2% days. Jfc

CRM forward PE is like 10 now lol

CRM at $180.... now its around $160. BABA at least is almost break even when he got it at $111.

Red day for AI and CRM IS EVEN FUCKING MORE DOWN AGAIN DESPITE HAVING 12 forward pe. DUCK THIS SHIT

CRM getting annihilated right now. Someone hates software.

Is CRM a buy yet?

Feels like a decade ago that CRM closed green

Buying the CRMs and ADBEs of the world that nobody was excited enough about to talk much about on here for the last half decade previous because of a narrative that wasn't even true (AI isn't going to cause all software to 0, but it certainly did cause of a re-rating) - I didn't see the appeal and still don't for a lot of software.
Shows how much of this market revolves around narratives in both directions: I don't remember anyone caring one bit about CRM and NOW down 50% in 2021/2022, but because of a narrative this 50% drawdown, everyone wants in.

The interesting thing with ServiceNow and SalesForce, is many companies are only just starting to implement proper CRM (aside from tech forward companies).
Think boring companies like insurers. Having spent 5-10 years catching up with basic systems like CRM, how will they adopt AI?
The answer is through their CRM providers. Yes, some smaller companies will just build their own CRM using Claude or something, but NOW offers an easy entry to a complicated landscape

Well ADBE to me is like CRM 🙈

CRM IS BETTER

It's worth be patient before up-sizing I think, software could continue to drag for awhile. I've held CRM and NOW briefly (profitably, if minimally), but building out a medium/long ADBE position starting here is the one that finally felt right. Large position in msft as well for my other single stock software heavy exposure.

Don't buy stocks that have had their day. So many other stocks to choose from. Better off with NOW, or CRM. Adobe will not last, AI will completely negate it. I didn't always believe this, but I do now. 9 - 10 years, your money will be down the toilet. Think what technology was 10 years ago. Think what it will be 10 years from now. I am totally and utterly convinced this is a has been.

But CRM has Ai. In fact, it has early shares in Anthropic and is one of the first to integrate Claude and Gemini with its system. 

OP: “I dont like to buy risk stocks”
Also OP: “I hold WMT and KO”
They are the most risk stocks with their current valuations. Sure the business will not go anywhere just like other businesses which didn’t go anywhere but yet their stocks have dropped more than 50% in the past years like META in 2022, NOW, ADBE, CRM, INTU, MSFT, and many more. WHY??? Only Bcz of valuation correction. Not bcz their business is disappearing. And those are usually the biggest risk. And WMT is at the top of that list

Safely put it in Paypal, Servicenow , CRM , Adobe , Charter communication and Nike

I tend to skim the 52-week lows. But, I've been eyeing ADBE & CRM. I'm just waiting for the FOMC for this week to get a better picture