CRM
Salesforce, Inc.
stock NYSE

It’s been a brutal couple of weeks for the usual top picks here. PYPL, ADBE, CRM, UNH, and NFLX have all seen significant pullbacks, and it’s tough to watch if you were riding the hype.
If you’ve been following the recommendations around here, chances are your portfolio is feeling the pain. Meanwhile, a simple S&P index play would have likely outperformed most of these names this year. It’s a reminder that popularity doesn’t always equal safety. Curious to see who’s holding through the shakeout and who’s cutting losses.

I like NOW , Net I am curious , ADBE no thanks, CRM I dont like the CEO
Got to see what Team is

If AI is going to commoditize all of SaaS, then why isn’t the market rotating heavily into Semis and Hyperscalers?
If Anthropic were to destroy $CRM and $NOW, I’d imagine we need tons of compute. More than we can fathom if agents take over hundreds of billions of marketcap for SaaS companies.
Yet, the market is selling off SaaS AND AI names which doesn’t seem to make sense if all the demand for the SaaS carnage will lead to AI growth.

CRM is oversold

I think SaaS is in a long term decline and even I cannot completely dismiss $CRM right now.  I simply believe it has more to go until the re-rating is complete and we should pick our winners of the next rally stage.

The 3 stocks that I am currently wheeling are CRM, SOFI, and HOOD. I am down bigly YTD.

What are the "blue chip" mid cap SAAS stocks I should be considering leaps on? I'm looking at NOW RBRK CRM INTU DDOG NET FIG.
This SAAS scare will blow over at some point, I'm looking for "that" stock which will have the most explosive upside

CRM has better moat than NOW. Come on. NOW is one trick pony. CRM has marketing, sales, service which churn out cash. All the big enterprises are locked in.

NOW NET ADBE CRM TEAM

Pay attention to a Company's pricing model and a Company's ability to shift it away from headcount pricing.
If a Company is entrenched in a headcount-based model and is unlikely to be able to shift away, stay far away. It's why I'm bearish on $ADBE. $CRM is shifting towards consumption based AI model with Agentforce, same with $NOW.
$NICE is probably the most exciting in the bunch.

PE doesnt matter as much for companies that reinvest most profits. PFCF is the better metric.
By this, NOW is about 24x. CRM about 14x. INTU about 19x.
NOW is a high growth company 15-20% CAGR. 24x multiple is acceptable. The other 2 are more average growing, so below 20 is acceptable.
Not necessarily “cheap” but definitely not “expensive”

So many stocks are at its lower end, is it not an opportunity?
AXON,BKNG,BSX,BX,CEG,COIN,CRM,CSGP,DASH,DOCU,FDS,FIS,GBTC,GWRE,HOOD,HRB,INTU,IQV,ISRG,MRVL,MSFT,NDAQ,NOW,ORCL,PANW,PAYX,PINS,PLTR,PYPL,QCOM,ROP,SHOP,SNOW,SNPS,SOFI,SPGI,SPOT,TEAM,TRMB,TTD,TTWO,U,VEEV,VRSK,WDAY,XLK,ZS

What's up chat. Or fam. Or whatever. I'd like to bring your attention to an important matter.
If you haven't taken a look, squinting between your fingers to avoid seeing CRM above and PYPL below on your screener, you may have missed some important developments with MSFT and META - and others.
Both had very strong earnings reports, demonstrating continued revenue growth and stable business models. Yet both are trending down after immediate earnings bumps.
We're seeing a broad trend across the market to rotate away from the AI play despite excellent earnings for companies in the AI play. Perceived headwinds include SaaS narrative impacting MSFT and extreme capex by META.
You can look more broadly across the general AI tangent sector, from QCOM dropping due to memory shortage guidance and CMI pointing to a losing bet on hydrogen. Both of these companies had excellent earnings.
Now, each company does have some intrinsic risk. MSFT outsourced it's AI and is not exactly loved by its users. META is making bets guided by the guy who thought VR was the future because we were stuck inside during COVID. QCOM is still exposed to Apple silicon advancement in modems. CMI truck engine revenue remains surprisingly flat. But these are not what's driving the market decisions this week.
GOOG is down. AMZN is down.and hasn't even released what will likely be excellent earnings and guidance.
So, take a look around. Don't be myopic. The very concept this sub is meant to focus on are opportunities with companies that have long histories of success but the market is irrationally discounting. And for timing, companies that aren't in the midst of a 3 year stagnation recovering from astronomical valuations.
And to be sure, MSFT is probably the biggest value here. 45 years of incredible success, very little reason to think they won't find more over the next decade.

Bro these stocks like CRM are barely down  15-20% what generational opportunity 

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.