CRM
Salesforce, Inc.
stock NYSE

I bought CRM $225 10/2 PUTs today, hope you are right!

I bought CRM today. But it looks like it could easily fall another 10% from here. 🫤

Down 1k on CRM shares today lol. Why you do this SaaS?

Tough to say as I sold quite a lot in the last few months to fund a real estate project but went from 550k in sept 25 when I decided I need to go in stronger on AI to 840k around June, dipped to about 780k in the tougher July and sold around 300K.. so around 42% in that period.
Main winners for me were GOOG, AMD, NBIS, NET, ASML.. now after selling I diversified a bit w software and for finance, CRM, NOW, SOFI and others bought at attrative valuations
Btw, What tech etf you were referring to btw..? QQQ is 21% ytd.

Who pays? What is the value prop? I can see this going every possible direction. Anthropic CRM, Anthropic Mobility, Anthropic Pharmaceutical.
None of these exist yet as fully formed businesses. Investors don't have a clear story to latch on to.

CRM

See, i am invested in both.
I love my country even though i feel it's absolute shite for my profession (I'm a doctor), i do mutual funds and individual stocks in India, this year was honestly great for me. I made multiple wins over 200%. In bajaj consumer, monq50 recently , silver run, all these netted me good returns for my capital.
US markets are leading the way in the world. They're full of innovations, latest research, huge budgets for r&d, companies that can be trusted. They hit their numbers or market punishes them big time. I pay attention to their conference calls and their guidance. I hit multiple wins in us markets too, crwd, hut8, hq, Nvidia, heck even aapl has given me 35% returns.
Indian markets , man what do i even say!! Our biggest private bank is a scam, public sector companies don't grow at a good rate, miniscule budget for r&d, service based tech companies, btw they (service companies) got wiped out in the US, most of them are down and recovering, but they all pivoted. SaaS companies endured the saaspocalypse, some came out winners like NOW, MSFT, CRM, I'm personally invested in NOW and MSFT have made good returns on both.

Had a lot of conviction on NOW and CRM. Started buying at 85, added at 120, then it went down, then up huge. 140 now, had I held all the way, that would've been a +64% swing on 100k. But didn't I sold out too soon . For 12k Profit.

Of course its not binary open source/not open source, but instead of going 70-90% open source from what i saw most companes go for 20-40% open source technologies in their stacks.
I never saw an open source ERP or CRM software in any company.

BTI (held for many years with an average of 33, excluding dividend). Annual yield is well over 12% so I will let that compound further. By far biggest position
Target
Servicenow
Wolters-Kluwer
Microsoft
Aperam
Pfizer
Vale
Pag Seguro
PetroBras
Nomad foods
Arcc
Hercules
Corbion
Duolingo
Lyondell Basel
HPQ
Accenture
Randstad
Ahold Delhaize
This is not everything but would also not recommend most to hold as many positions. Not included are Oil trades (Equinor) or stuff like CRM.
One could argue Microsoft/Duolingo has AI exposure as well
Background is business admin and economy

CRM and NOW are AI beneficiaries, though. Their run up is due to market realizing that.
They work as the infrastructure layer for AI agents.

Suddenly IPO delayed for AI-monsters.
$NVDA CEO of course jump to smooth it, because he has to sell GPU, otherwise crash like Enron.
Market cap pump by vibe not by earning, $AMD look market cap, compare to $PEP $PG $CRM $NKE $BA $ASML & many.
$QQQ $SPY at vix 14 handle, heading midterm time?
https://preview.redd.it/v59bkd93k0rh1.png?width=745&format=png&auto=webp&s=da08c94c4ca100cb65331b1da80d7b8d61ba0fbe

Only exposure is through a bit of software that was bought on a low (CRM, NOW, HPQ and WKL). CRM is no longer in portfolio. More of a contra to AI if anything
Rest that performed even better were commodity plays, consumer goods/retail, consultancy stocks like ACN and Randstad etc

Big leaders leave a legacy
Before elections, all promise to bring down inflation, reduce gas, groceries & food prices
How they fulfilled, ask at midterm campaign
Vibe pump daily
Check $NBIS $CRWV $MU $OKLO $AMD $INTC $MCD $CRM $MU $SMH $SNOW $GOOG $META $PANW $CRWD $QQQ $SPY

It’s funny how all you bag holders bough around $20. Sure pal, some friends from the palantir cult might believe you. Might. Check CRM revenue and PLTR revenue. CRM has real customers and contracts that won’t go away. Palantir cheated their way to several gov contracts and is making peanuts from private sector. Kinda like yeah if you buy PLTR rn it will be one of the dum*est investments you could make, but at the same time CRM might not beat the market by a landslide. So trade with caution, you’re not early here 

PLTR has CRM beat by quality of the earnings and the margins and the growth. It's very expensive but I would say it's justified.
Crashing 90% means it would be $18. The cash itself is worth $4. You are telling me that $7 billion of revenue this year growing at 100% next year and another 100%+ the year after is not worth $14 with 2.2 billion shares?
Are you for real now?

To be fair CRM is a much better company based on their business results. Palabrita is overvalued af, it will crash like -85 to -90% at some point in the near future (these wars will destroy the market) but CRM is kinda cheap, not really anymore but for $150 it was a steal 

Portfolio: $11,060.42
Today: up $296.64 (up 2.76%). Best day of the three so far. 26 agents live.
Business As Usual, $2,624.80, up $87.94 (up 3.47%), biggest single contributor. This is the one that holds the S&P 500 and only flips into a 3x leveraged S&P 500 fund when NY weather reads normal for the season, read off Kalshi temperature markets. It sold SPY and bought UPRO this morning, so it caught almost all of today's rally levered.
FAANG+ Momentum, $2,545.59, up $120.79 (up 4.98%), the single biggest dollar gain in the book. It rotated out of AMZN and GOOGL into META and NVDA on the daily momentum rerank, then rode the move.
The Silicon Overdrive, $103.50, up $8.94 (up 9.45%), best percent day. Small experimental sleeve targeting 2x the daily return of a US semiconductor index, so a strong chip day shows up loud here.
AI Picks & Shovels, $1,059.71, up $32.09 (up 3.12%). Weekly reweight landed again, sold ANET and DELL, added AMD, more NVDA, more SMCI, and a new TSM position.
Founder Mode, $260.89, up $11.54 (up 4.63%). Sold COIN, HOOD, META, and RKLB, bought CRM and DASH. Rebalances weekly across fifteen founder led companies.
Funny one: NFL Fantasy Agent, down $1.15 (down 6.02%) on an $18 position. It bought yes contracts on Deebo Samuel and CeeDee Lamb hitting reception and yardage thresholds Sunday. Deebo screwing over my fantasy team and Kalshi.
Pelosi Tracker, High Profile Congress, and CT Scanner all did their usual rotations off fresh disclosures and trial data, small moves either way, nothing dramatic.
Two up days and one neutral day in, net solidly green, still tells you nothing about day 100. Posting every day either way.

RGTI, IONQ, CRM, FIG, LWLG, POET, CIEN & UBER

Do you think SaaS stocks still have sustained upside from here now that the bottom was reached around five months ago, or has most of the recovery already played out? Specifically looking at $NOW and $CRM.