CRM
Salesforce, Inc.
stockNYSE

“This month… worst month as can remember…”. So I assume you are fairly young. I went thru covid drawdown (2020 March), Great Recession (2008 Sept to early 2009), and Dot Com bust in 2000. I’m retired and been in the market for 35 years. (Some commenters here probably not even 35) I still have 90% in individual AI names… AAOI, LITE, COHR, MU, AMD, CRDO, AVGO, GOOGL, MRTA, TSM, PANW, ZS, CRM, NOW, NVDA (in $10 2020), CRWD (in IPO date 2019) and others… I read some of the comments here… some are valid but some… AI will continue to dominate the world, will benefit humans….but continued AI expansion does not mean AI stocks will continue to shoot up. Stocks don’t equal to industry growth. Wish you luck.

Should I sell CRM for SKHY?

You're about a year behind, I bought CRM, NOW, UNH and I'm already up 50-60%, most of the easy money has been made.

Companies like AJG, AAON, CNSWF, CRM, NOW, UNH, INTU have had 40-60%+ pullbacks. Many others have seen 20-40% as well.

The Reddit post was about how it ranked against its peers on the business, and I said the P/E was higher than most of them. I did a post here last month with every single-stock call from the past year, losers included. The ones I liked, from the post date to Thursday's close: Micron +134%, Paycom +117%, NOW +42%, MSFT (June) +40%, CRM +28%, REGN +25%, EXEL +24%, MA +18% etc. The ones I called unattractive, Nike, Google and Oracle, are all lower. Not everything worked of course, and it never does.