CRM
Salesforce, Inc.
stock NYSE

Saas - WDAY NOW CRM

AMZN, ADBE, CRM. You can look at some of that historic multiple data via a Morningstar subscription, Zach’s or Gurufocus.

This is a solid breakdown and lines up with how I’ve been thinking about CRM lately. The big shift isn’t “more sales seats,” it’s CRM becoming the operating layer for workflows, data, and AI-driven execution. The market punished them for legacy narratives, but the revenue mix change is real and already showing up in margins and bookings. I still think execution risk is there, but if they pull off the consumption + platform story, the downside looks pretty protected compared to the upside.

I don't have any interest in buying ADBE at all. I wouldn't buy CRM either. Do I think ADBE is a zero? No, but I also don't see how some don't think that ADBE going forward is going to be more challenged than it ever has been. With CRM you get management by the real life version of Gavin Belson, who's paying McConaughey $10M+ per year as a "creative advisor" while the stock has gone nowhere for half a decade. Hype on the conference calls feels more than a bit disconnected from meh guidance.
Names can absolutely get oversold and bounce, but unless I have a thesis for something I'm not buying. I don't want to buy something simply because it appears cheap.
Cheap can get cheaper or stay cheap: this is the third year in a row people have tried to call the bottom on PYPL on here despite all indications (peers cratering as well) that the fintech theme isn't what it once was. FINX is -36% in the last 5 years. What is IGV's performance record going to be over the next 5 years?
NOW is somewhat interesting and there's a couple of others (the Constellation complex in Canada for example and perhaps a cybersecurity name) but without a thesis/catalyst there's not urgency just to buy because it's down.

Judging from the activity here, you should apparently buy ADBE or PYPL, NVO or CRM.

From todays prices? (2026-01-19)
META, PYPL, NU, MELI, BN, AMZN, DELL, ADBE, CRM, CSU among others

I would definetly choose Adobe. First of all its still cheaper on TTM and FWD bases. Second of all i would argue that Adobe has bigger MOAT in terms of whole ecosystem etc. IT also applies to CRM, but i still think that there is bigger competition in crm as a secotr than in what ADOBE does. I am sure you will argue about Da vinci, Figma etc. But its one part of bigger ecosystem and switches are made by smaller companies or indivuduals.

Well the reprice is certainly there, problem is that while many of the SaaS companies are being repriced from "perfection" to fairly valued. Adobe has been beaten down from "perfection" to "Dying"
And i would argue that Adobe has much stronger moat then lets say CRM services.

CRM, WDAY, ORCL

And what are those SaaS companies that are “useless and replaceable by excel sheet” in your opinion ? How is “smart” excel sheet going to be replacing Hubs, CRM, or Now ?

I've been vibe coding for a few months now and recent break through in Claude really excel my interest in using AI tools such as Claude, Wispr Flow along with Gemini as legitimate ways to find identify edges in trading and investing. I spend a few hours with Claude to come up with a list of my personal metrics which help me find success in 2025 ( 187%). Essentially, identify company with wide moats, good fundamentals and temporary/short terms set back due to overreaction or underestimate the company's ability to overcome. This is a report that I have Gemini put together for CRM, i hope it provides values for anyone who is interested in the stock. I'm personally leaning toward the bull case and will be buying in increments base on historically price level.

Regardless of what the differing opinions are in regard to the future of AI effects on software, my belief is the risk vs reward is worth a small position in my portfolio.
Disclosure: Long ADBE, MSFT & looking to open a position in CRM.

CRM

CRM has AgentForce an AI implementation

Agreed that AI is a huge efficiency gain. The challenge is, how do you scale that out across a 10k+ headcount company. You can’t just throw everyone into Claude or GPT like you can a small team. An interesting stat, only about 30% of enterprises have rolled out any AI use cases into production, that’s up from 15% a year ago. We’re in the very early phase of enterprise adoption and there’s a huge opportunity in front of the industry. I think this a big reason why the segment is down right now, there just hasn’t been enough time to pilot, implement, and monetize AI yet. This takes way longer than most people realize.
Being careful here to only disclose public information, but some of the bigger players that I believe are positioned well are NOW/ADBE/CRM. Not financial advice of course. But If you’re interested look into how these firms are incorporating AI across their platform offerings. They’re all pivoting aggressively

I tried to bottom fish in ADBE and CRM. Lost money both times.

Those are my big picks also. Ive been watching NOW and CRM for awhile waiting for entry

Where's Adobe, Duolingo, and CRM? lol

Impossible to know. Buy into the best few. To me, NOW, ADBE, CRM, couple others i don’t want to name on here

You do realize that CRM is the one using AI to provide automation on its platform, right?