CRM
Salesforce, Inc.
stock NYSE

I work in SaaS and most software Like CRM TWLO etc will not be replaced by AI lmao take this as the biggest opportunity to load up in a lifetime

I don't think there's much serious it can do with a single prompt. And the sort of foundational function like a CPQ system is not going to be displaced anytime soon. But a lot of the profit and growth in Enterprise CRMs is in integrating services like [Apollo.io](http://Apollo.io) or ZoomInfo that fill in missing contact data. Or that are related to lead scoring and journey mapping. There's also bolted on services that allow a 360-view of the customer or that connects a CRM data to other vendor's software packages. All of that is at risk today. You don’t need a wipeout of enterprise software for companies like Salesforce to start growing more slowly. You just need slower seat growth, more downgrades, price pressure at renewal, buyers shifting spending to a smaller number of platforms or internal tools, and new competitors shipping features faster as the cost of building and maintaining software falls.

Trailing twelve month earnings is in the history. It´s all about projecting future earnings and the price you pay for those earnings and earnings growth. PEG is a good value to use. CRM, UBER, NOW, ADBE, INTU and more have a way more attractive PEG than the majority of mag7 companies (if you believe the estimates are realistic).
Uber had a one-time tax benefit so the true PE is actually slightly higher in reality.

I firmly believe that buying SaaS in 2026 will be like buying NVDA or PLTR or META in 2022, or AMD back in April.
There’s 0 chance that ID departments are going to ok a switch from compliant SaaS applications that just work and don’t need internal support to likely insecure and buggy vibe-coded custom applications.
If anything, Ai will only increase the profitability of existing SaaS companies, allowing them to innovate faster with less SWE cost.
Even if Ai reduces employee headcount at SaaS customers (which would then mean that Ai gets much better than it is now and becomes more useful) reducing license count, that would be a temporary situation as the additional productivity would lead to increases economic growth and license count would go right back up, but at higher margins.
The only argument against SaaS long term that I can see is that Ai will completely change our economy into something like the currency-less utopia of Star Trek, in which case nothing matters because we’ll all have universal high income (Elon said it, so it’s pretty much guaranteed to not happen).
TLDR: I think SaaS has further to fall, but it’s an over reaction and I’ll be buying on the way down.
Shares at first, then LEAPS calls when things like CRM are in the $170 range.

It’s like every other IPO. Pops hard. Sells off 60-80% and then several years of under performance before starting to form some kind of a cup and handle. Eventually some of the good ones revisit their old IPO price again.
I think this one has gotten caught up in the software sell off hype. Legitimately it can probably be easily replaced
by AI. It doesn’t really do much or have any deep enterprise moat like a CRM or NOW.

SAAS stocks are getting a pretty consistent hammering recently, but have they entering oversold territory? Particularly this week there is a panic reaction to anthropics new product announcement.
Undoubtedly the 'per seat' revenue model is going to take a hit but some are down 80% YoY despite consistent and sustained growth. It smells of being into oversold territory.
Agents are useful to be used in the SMB space for some trades people but as soon as your business gets scale your going too need a solid trustworthy tech stack to store and draw your data from that humans can also use as people like to get stuck into the details, so..
Am I wrong to think it's more likely agentic capabilities on a CRM humans also use is more likely to succeed than a pure agentic system where your data vanishes into some black box.

Main point: compression looks real but overdone; this smells more like multiple reset than structural death. I track FCF yield vs history for CRM, NOW, ADBE, SNOW, then size in when net retention and margin trends stabilize, not when headlines calm down. Tools like Koyfin and TIKR for numbers, Atom for notes, and Pulse to surface high-signal SaaS and macro threads have made it easier to spot when sentiment gets way dumber than cash flows.

Added NFLX and about to load big on Snowflake.
Thought of CRM and NOW. But then I installed openclaw on my system and they don't look that cool to me. My company is trying to offload CRM. It won't go anywhere but it is now transforming itself into a pure MCP orchestrator. I don't like the companies during their pivots. So probably will wait a bit on it.

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.