CRM
Salesforce, Inc.
stock NYSE

HUBS and CRM are not just SaaS, they’re systems of record.
By design, they are a pain in the ass to move off.
Needless to say I have picked up some of both in the bloodied streets.

Same with VFLO for SaaS
It’s rebalance loaded it with ADBE, ACN, INTU, CRM, UBER, BKNG, EXPE, WDAY, VEEV. I liked it much better than playing IGV that was holding a lot of overpriced SaaS. Just wish it also grabbed NOW

!banbet CRM 135 70d

In general big players in the traditional saas space have had a bit of a run in the last month.
I bought CRM three weeks ago because I thought AI was too far away from eating their business up. Maybe in 10 years, but it didn’t see it justifying the price drop from 360 to under 150 in the short term.
I think some big players and the market in general thinks there is some upside on these saas companies that have been beaten to the ground in the last year

NOW, ADBE, CRM, WDAY🚀🚀

Links to CRM but all software jumped at the same time
https://stocks.apple.com/AUUT0n1koTPSz61jfmbV5eA

$CRM

CRM just jumped $7 wtf

CRM wtf???

where my NOW and CRM is red and Microslop is about to do what it does best and go red

and this one - [HUBS (& CRM) - A short write up : r/ValueInvesting](https://www.reddit.com/r/ValueInvesting/comments/1uldu9p/hubs_crm_a_short_write_up/)

Imo my issue with HUBS is it's bet on agentic AI. The development is gonna pressure margins and the roll out is likely going to be aggressively priced to increase adoption. Meanwhile every crm / system of action platform is developing AI agents. Is HUBS winning idk. Another issue is that recent price hikes have alienated some of the SMB's whom now vote to go for many of the other CRM platforms. I have shares in Hubspot; but I have been reconsidering my conviction. Another post regarding HUBS: [HUBS down 22% pre market; Low Visibility & Headwinds : r/ValueInvesting](https://www.reddit.com/r/ValueInvesting/comments/1vgzlf3/hubs_down_22_pre_market_low_visibility_headwinds/) I don't believe it is going to be efficient for companies to vibe code their own CRM software. It is expensive (time & money) & it requires maintance, competencies etc. Not financial advice. I can have made mistakes.

I work in the CRM space. $HUBS will continue to grow in the SMB segment (100-500 employees), and lower end enterprise market. I see Attio and Zoho mentioned above, these are not really that competitive with Hubspot.
However, the days of hypergrowth are over. I could see the stock bouncing back up around $300 in the medium term (18 months) but I don't think we will see $700 again.
Personally I'd prefer $CRM in this space as an investment.

I think the interesting part is that AI may lower the barrier to building CRM features, but that doesn’t automatically remove the value of the data, integrations, workflows, and customer relationships built around a CRM.
The bigger question for me is whether established CRMs can adapt quickly enough as those features become easier to build. That shift could be more important than the software itself.

# CRM and HAPN: Could These 2 Stocks Double Within 12 Months?

sold too early. This train just got started. Wait for CRM numbers, we go higher

Hubspot advantage is it is a combination of website and CRM, which it does both poorly. 
I have been suggesting my clients to go with dedicated website platform and Zoho, which is better and cheaper 

I wouldnt touch it with a 10 foot pole. SaaS for SMBs are the ones most exposed to vibe coding. Vibe coding a CRM is not hard and Hubspot is way too expensive for what they offer.

For 1-2 years I'd probably rule out ADBE. ADBE I think would be fine for 5 years, but they are undergoing a management shake up and are going to have to continually justify how they'll compete/integrate AI into their suite of products. Back when it was trading around 200$ would have been a good entry.
APP is interesting, but it's a falling knife right now and their after their last earnings it's kind of being re-rated on revenue/profit acceleration concerns. I don't really follow this company, but I do think it's oversold and likely to break the down-trend and at least begin consolidation soon. I'd at least view it as a good one to look into more for what your looking for.
UBER to me is the closet to value investing and one of the safe one, if with more limited upside than APP or RDDT. I'd probably aim for 100$ (35% increase) and sell there, but tbh that is exactly what I am doing. I personally think it will hit that at some point within the next two years (the earlier the better) and even if it took the full two years that would be 16% return YOY which I'd be pretty happy with.
RDDT at this price is pretty good risk reward, I think it's mainly down on the google data negotiation uncertainty. I think that will likely get resolved in a better way than the old deal for rddt, but that's just my opinion and is a risk.
If I had to buy tmrw, I'd probably do 8k RDDT, 8k UBER, 4k APP and reserve 5k for at least another month in order to mange unfortunate price action or see if ADBE presents a better entry (maybe look at CRM as well).

In my opinion, hubspot is actually one of the more vulnerable companies to AI. Competitors like attio honestly look like pretty robust competition and seem like I would add a lot of value. If I were to pick a company in the CRM space, I’d probably pick salesforce just given their focus on enterprise level customers and the level of complexity embedded into the software. I feel like they have a more defensible moat.