CRM

Southwestern

At a certain point your company is too big and integrated with Salesforce to move off of it. They have price control, they have captive customers, they have an ecosystem that has its roots so deep in the Fortune 500 companies that it is impossible to dig out. AgentForce, if it fails completely as a product, will make them a few billion from those companies just trying it. I don't know if CRM goes up or down in the next couple of years but I know they'll outlive me and probably be profitable the entire time. I look at them like Microsoft 25 years ago...they're too entrenched to go away.

likwitsnake

OpenAI themselves uses Salesforce look at their hiring page for their Salesforce related roles. Also creating a CRM is trivial no one wants to be in the business of becoming a CRM company that’s why you buy Salesforce instead of building your in house version.

Crazy_Donkies

All the AI haters here will agree with you, so sure, why not! High 5 bro! CRM is SOL in SMBs with 2 brain cells and a Claude subscription.

Pin-Last

MSFT, NOW, CRM, IGV, VEEV… U get the idea. Fade into Netflix.

Amazing-Jury-6886

AI is over hyped. AI will not replace SaaS platforms like CRM, databases, workflow etc etc

Ok_Revolution_9253

It doesn't take much digging into the subscription tiers to know that. I'm with you. Yeah it might be 20 bucks a month for a consumer, but it's well over 100 per month, per seat for an enterprise license in many cases. It adds up pretty quick. No different that a CRM platform in that regard

Slightlybadpicks

CRM, DELL, ORCL, MSFT, just to name a few

FullCopy

Benioff launches new add about“AI Agents.” Matthew McConaughey whispers: “Alright, alright, alright…” CRM → Cloud → Slack → Agents Stock red. Soup lines forming. Alright, alight, alright…. …and, cut!

No_Cry_6912

Retail buying CRM here might work long term, but timing bottoms in a rotation is a different game than buying broad weakness.

Banned3rdTimesaCharm

Building home grown isn't a 1 time cost. Maintaining and updating software is a continuous process. It never stops. You're paying whole departments full of developers, analysts, architects, designers etc. just to keep your shit from breaking, much less keeping up to date with shifting industry standards. Most companies underestimate how much that costs or how difficult it is, especially if you're not a tech company. Hospitals, wholesalers, airlines, furniture retailers don't have the capability to build CRM and ERP systems. Those that think they can do it end up with a thousand different systems used by ten thousand different people to make their jobs easier.

thinkneo

Not really a bear market - indexes are 6% off highs. It's a rotation. SaaS (IGV) is down 22% YTD. But energy is up 22%, materials +17%, industrials +13%. Dow hit a record high the same week Nasdaq fell 2%. Money isn't leaving, it's moving from software into physical infrastructure. Vertiv hit a 52-week high, orders up 252%. Even Caterpillar is being called a "growth stock" now. The real question is whether retail buying CRM at -43% is catching a bottom or a knife.

ThreadfallRider78

Nope, maybe once a week. I'm long ADBE, CRM and INTU Lots of sideways, up/down movement if I checked every day. As Mac Miller said: Don't stress.

MaximumJournalist903

While it's true you can Vibe code everything to an extent I'm not sure it's really worth the effort. I work for a small startup and we use Zoho CRM and spend approx 0.33 percent of our revenue on the CRM. Asking ChatGPT it suggests a company may spend 1-3 percent of revenue on average. To build a CRM and migrate has pretty high cost of development , maintenance and adoption that doesn't really make it feasible for a company likes ours when the current system works just fine. At least from our side we have way bigger issues to resolve before thinking of rebuilding a CRM which is already integrated with our backend, help desk etc.

Melodic_Song4224

You don't even need to make the argument that it is complex or covers compliance, etc. You can make an alternate argument that specialization and scale are economic drivers of their own. Sure, AI might give you the capability to make your CRM, but I guarantee that a large company that has been specializing in CRM for years is going to have a much better product, and not just because their tech. stack is better (which it probably isn't). Nearly every company has the capability to do things like their own HR/Payroll or manage their own security, janitorial staff, etc., but they hire specialists because they can do it better, and sometimes, cheaper. It doesn't make much strategic sense for a company with a competitive advantage in making shoelaces (for example) to also try to manage their own online retail.

itijara

It doesn't really matter, actually. Even if AI can perfectly replicate the technology of Salesforce, for example, that doesn't mean a company would build and maintain their own AI CRM. Specialization and scale are major economic drivers of cost, and maintaining your own CRM would be more expensive that having another company that specializes in it, do it. If for no other reason than that company has access to the same amazing AI tools that you do, but is focused on using them for CRM and has other customers that amortize the costs of building and maintaining it. AI could disrupt SaaS in increasing the liklihood of a competitor coming in to disrupt an established business, but I don't think that everyone will be building out their own technology just because they can. Many companies that use SaaS now already have the capability to do things like that, but don't.

itijara

You don't even need to make the argument that it is complex or covers compliance, etc. You can make an alternate argument that specialization and scale are economic drivers of their own. Sure, AI might give you the capability to make your CRM, but I guarantee that a large company that has been specializing in CRM for years is going to have a much better product, and not just because their tech. stack is better (which it probably isn't). Nearly every company has the capability to do things like their own HR/Payroll or manage their own security, janitorial staff, etc., but they hire specialists because they can do it better, and sometimes, cheaper. It doesn't make much strategic sense for a company with a competitive advantage in making shoelaces (for example) to also try to manage their own online retail.

daniel940

I think the argument from a SAAS investing bear case - not necessarily a full on Armageddon/bankruptcy case - is that the current multiples and DCF calculations are based on a rate of increasing margins and revenues that are going to get squeezed. If $CRM's margins were assumed to grow from (just making up numbers here) 40% to 50% over the next 5 years, but now we think their pricing leverage is going to get a little pressure, and now we think margins might only grow from 40% to 45%, that's a big re-rating.

Scriptum_

Yeah, connect to a database and suddenly, you're a CRM competitor. It's a "system of record" of their own idiocy.

jeftii

This ☝️ as an owner of a small company in need of some CRM software, its really frustrating. The prices are just insane. I mean, everybody is entitled to a fair pay, but i feel they overstepped it.

smchenry75

Compliance angle yes! Pharma companies are not going to unleash their sales force to take call notes and adverse events in unstructured AI tools. Rather, CRM will leverage AI to make reps more efficient and strategic.

greyfell_red

I’ll let Gemini explain why you’re wrong. 😊 This whole argument is built on massive blind spots and a few convenient strawmen. The author fundamentally misunderstands *how* AI threatens the SaaS business model. Here is exactly where the logic falls apart: ### The SMB Delusion Calling SMB revenue a "rounding error" is completely out of touch with reality. Massive tech companies—Shopify, HubSpot, Intuit, Atlassian, Mailchimp—are built almost entirely on the backs of small and medium-sized businesses. Even for enterprise behemoths like Microsoft or Salesforce, the mid-market and SMB tiers are huge revenue drivers. If AI gives smaller businesses the ability to spin up cheap, automated micro-tools instead of paying for subscriptions, a massive chunk of the SaaS sector's total market cap goes up in smoke. ### The "Vibe Coding" Strawman The author sets up a false dichotomy: either an enterprise buys a massive SaaS platform, or their CEO tries to build a custom CRM over the weekend using a prompt. That’s not the actual threat. The real threat is the hyper-efficiency of internal engineering. Enterprises already have dev teams. If AI makes those internal developers 10x or 100x more productive, the "build vs. buy" math changes instantly. A bank doesn't need to rely on a hallucinating AI agent; their own security-cleared, SOC2-compliant dev team can just build and maintain the necessary tools in a fraction of the time and cost it used to take. They don't need to outsource the complexity if AI just automated the complexity. ### The Seat-Based Death Spiral This is the most glaring logical flaw in the essay. The author points to OpenAI and Anthropic charging $25–$30 a seat as proof the model is fine, completely ignoring that their real enterprise scale is built on API consumption (charging for compute/tokens), not user seats. More importantly, traditional SaaS is a tax on human headcount. You pay per seat for Salesforce, Zendesk, or Slack. If an enterprise uses AI agents to automate 80% of its customer support, they don't need 100 Zendesk licenses anymore—they need 20. The AI doesn't need a software license. The SaaS vendor's revenue collapses, even if the enterprise technically never stops using the product. ### Margin Compression SaaS companies have historically justified their massive recurring fees because building reliable, secure software from scratch was historically incredibly hard and expensive. AI lowers the barrier to entry to the floor. When building software becomes cheap, margins compress. Why pay an incumbent vendor $500k a year for project management software when a hungry new startup can use AI to build the exact same secure, HIPAA-compliant tool and undercut them by 80%? **The Bottom Line:** Wall Street isn't worried that global banks are going to start "vibe coding." They're worried that AI destroys the pricing power, the defensive moats, and the human-headcount-growth loops that made SaaS a cash cow in the first place.

jonneh

The good thing about CRM being the next Blockbuster Video is we don’t have to sit through those Matthew McConau-ghey commercials anymore 🤣

SlfImpr

$CRM Anthropic is hiring a Salesforce Administrator: [https://job-boards.greenhouse.io/anthropic/jobs/5075070008](https://job-boards.greenhouse.io/anthropic/jobs/5075070008) Meanwhile markets have panic sold off software stocks, including Salesforce, out of the fear that AI companies like Anthropic will cause software disruption

SlfImpr

$CRM Anthropic is hiring a Salesforce Administrator: [https://job-boards.greenhouse.io/anthropic/jobs/5075070008](https://job-boards.greenhouse.io/anthropic/jobs/5075070008) Meanwhile markets have panic sold off software stocks, including Salesforce!

Strong-Broccoli-8033

Buy enterprise software that are key systems of record. Buy MSFT/CRM. Dont look at it. CRM you will be up 50-100% in 12-18mths

Laureles2

Veeva and ServiceNow, but no Salesforce / CRM?

green_juicer

CRM after earnings - up or down? I really want to bet on an upside but I'm scared haha

Beetlejuice_hero

I'm fascinated to see who's right about this sector. It just seems like a classic overreaction and they're still making lots of cash and are actually embracing AI rather than trying to preserve the typewriter industry after the intro of the PC. I own a lot of CRM but if I'm wrong I'm wrong and luckily have big gains elsewhere I can use to offset the losses.

maeynor

It’s not as straightforward. CRM was worth close to 350bn at ATH. Now it’s worth half or 175bn. The market is saying given the shock of how easy it seems that a guy in a basement with Claude can make these things on his own (albeit much lower quality now) it opens the questions to a business with resources doing it and actually being a significant competitor. And it can seemingly happen in a weekend, does not take years. This means we need to revalue future earnings based on potential increased competition in the near term. And the MOAT is now surprisingly vulnerable

Available-Range-5341

OK but CRM and ADP and MSFT and AMZN are dropping like the only think they offer is AI

iShitBloodandCumShit

Institutions are literal dinosaurs. They spent millions on proven platforms like CRM. Hell, even northwestern mutual uses CRM. Software isn’t dead.

iShitBloodandCumShit

Bought 25k shares of CRM, flipped it at 189 bought back at 182. Milking this bear as long as I can.

Realistic_Manner238

!banbet CRM $185 4d

ThreadfallRider78

I think that investors are not rewarding CapEx spending on AI hyper scalers. The selloff may continue until Mag7 Management gets the message that they should cut back on CapEx spending on AI hyper scaling. I, for one am invested into ADBE, CRM and INTU

Gagoos-Dad

CRM is about to hit 3 year support. Yw

Realistic_Manner238

Is CRM worth shorting here? Not one analyst has come out saying buy the dip like they are in other Software names.

PaperHandsTheDip

This is copium imo. \> Sure, you can "vibe code" a slick frontend in minutes today. But enterprise software isn't about UI—it’s about complex integrations, legacy data silos, and non-negotiable security protocols. You don't just "prompt" your way into replacing a global ERP or CRM system overnight. The "moat" of complexity is real. Hate to break it to you - but it's not actually about the complex integrations. Nobody really cares about that. It's about you're ability to deliver products - which vibe coding made 1000x easier. You said it yourself - you can vibe code a slick frontend in minutes. You can vibe code an entire working product in hours. Put a strong engineer in charge of it - and it \***works**\*. The game has changed - it's no longer your ability to produce clean, error free code that is valuable. That skill drastically diminished in value - which is being reflected in SaaS companies valuations. The value is your ability to quickly prompt the agents so they produce the product for you & you're ability to verify correctness of it. If incorrect - tweak it a time or two and you just produced the same product, but 10x quicker.

Me-Regarded

In seriousness it's corn collapse and mostly AI fear of disrupting established, software type of companies, kind of a cascading selloff. It's absolutely misplaced in my belief, but markets shoot first. Big software is more than programming... It's security, interoperability, scalability, hosting, backup, support, training, maintenance, upgrading, solving problems and working with other established systems to talk to each other. John in IT isn't going to vibe code a massive CRM that runs trillion dollar corporations.

Pin-Last

Buying NOW, CRM, PANW, VEEV, WDAY, INTU, ADSK, DUOL… but almost as much MSFT as the rest combined. Itching to buy the 2x msft ETF, MSFU. 

Pin-Last

CRM👍🏼

NewAccount428412

Where are these studies? We've seen large boosts in the areas we use it and pay a decent fee as a very small company for its continued use. Even minor stuff like summarizing every phone call and making it searchable through a CRM is super nice. Idk man I think in the next 5 to 10 years not having an AI subscription will be looked at like if you meet someone that doesnt have a cell phone or someone without internet.

point_of_you

I ended up with CRM because I bought a ton of shares in Slack when they launched... and then I guess Salesforce bought them. Held onto it for a bit and noticed NOTHINGGG was happening while all my other stuff was launching I actually like Salesforce as a platform and have used it professionally in two different jobs now, but glad I sold it. Too much nonsense in the sector because of chatbot optimism IMO

photon1701d

I got smoked on both CRM and Shop. I have been investing in Shop for years, up only 3% now after the big drop. CRM has been a drag, down about 25% now.

Cav829

And the smartest investors often are wrong for years because they mistakingly assume they are playing chess with people playing checkers, if anything Reddit is more wrong about when to get out of a stock a lot of the time. Or with latecomers trying to chase. But even as a more conservative investor I will take some amount of forward thinking and investing in space to a portfolio of PYPL, ADBE, CRM, and NKE.

point_of_you

Dang I cashed out my CRM at $266 after it seemed like they weren't doing diddly shit. Wonder how low this one can go!

Portfoliana

Selling MSFT and QCOM was a good call but holding ZS at -36% is risky – cybersecurity is getting commoditized and the valuation never made sense. CRM at -32% is more interesting, their FCF is massive and Agentforce could be a real catalst. Netflix at -29% feels temporary. The BABA/BIDU recovery is a good reminder that sometimes you just need to survive the drawdown.​​​​​​​​​​​​​​​​

cowardunblockme

I just bought NOW, CRM, PANW on the low. Last week CAT, APLD, AMAT. Watching stocks that benefit from building the infrastructure of AI data centers. Already heavy on chips, energy, gold instead of bitcoin.

NVDA_Gaped_Me

So ... panic sell CRM?

MarketDaddy

Sold some Fresnillo stocks, 50% cagr, awesome return! They are at a high, and I needed the cash for my other trades. Bought Chemometec <400 DKK. Bought the first tranche, looking to DCA across the coming months. Looking to buy Occidental Petrolium, but some software stocks look attractive too. Mostly looking at Adobe, but I doubt their long term moat. Maybe CRM, Grindr, Reddit, Duolingo or PayPal, they look cheap. Any other suggestions? FICO is looking to become attractive as well. Any tips and things to watch for?

hiohiohiza

More about things like CRM or ADBE being harder to replace with AI for legacy businesses which are 40+% off the highs

Beetlejuice_hero

The answer to your mental quandary is to **always have a monthly/weekly S&P auto buy** that you never turn off. Just have some skin in the game through all all the short/medium term chaos. Another strategy is to sell puts so that you are forcefully assigned your shares once a stock drops. Don't do this with trash companies but you could be doing it with, say, META or CRM right now.

iShitBloodandCumShit

Retail news: CRM PT downgrade. AKA someone wants to load up but wants retail to sell.

iShitBloodandCumShit

Mines mostly wrapped up in futures. Closed out a massive silver short when it dumped for a greasy amount of cash and threw it into CRM. Buying the dips and selling the rips. Probably going to hold til earnings tho and sell some CCs as insurance. If earnings is great(I expect it will be) I’ll have 25k shares at 180ish and I’ll ride it up to 400 😂

TrickyBar9580

CRM is only a small part of my portfolio.

iShitBloodandCumShit

Did that flipping CRM 😂

InflationConstant228

I noticed enormous volume of deep in the money puts traded for CRM (closing price of $185 today) expiring 2/20. There are 6 lots of puts over 10,000 with strike price between $220 and $260 with premium ranging between $50 million and $100 million. Can anyone help me understand the strategy behind this?

FindingZen4

Damn CRM went green

Rich-Badger-7601

Oops looks like someone accidentally hit "Buy" on CRM, probably a computer error should get that sorted and back to drilling momentarily

bzl33

$CRM being at pre-pandemic prices is nuts. 1 year ago it was near ATHs.

avilacjf

I'm at the stage where I'm living off the gains so I care deeply about concentration risk, even in my highest conviction plays. This spreading-out also lets me capture the bottleneck as it moves around the industry. For example, if I concentrated into NVDA and TSM as the core, I would've missed the MU run-up. Some of it should also be seen as flexibility to capturing value when it presents itself, like NOW, CRM, and VEEV atm.

fefsgdsgsgddsvsdv

Take this with a grain of anecdotal salt. I am not trying to convince you one way or another, But this might be something to think about though I started a company about 11 years ago. We sell food products, both business to business and through ecommerce. When we started, we were small and cheap so we used salesforce CRM. We also used off-the-shelf ERP software. Both the CRM (salesforce) and ERP (some Oracle BS) off-the-shelf products are trash. Everyone agrees with me... in so much as everyone prefers custom built systems that can just magically do anything you want them to do. The issue with this request is that the only way to do that is to develop them in-house, which is super expensive and slow. However, as we grew (around 20 employees in 2019) we decided that we now had the scale to do this inhouse. So we hired two devs at \~$250k each to make a new CRM (get off salesforce), new ERP (get off oracle), and a new ecommerce site (get off shopify). This cost our company over $600k annually just in dev costs (taxes, health insurance, retirement make them more than just $250k each). The decision is honestly one of the best decisions we ever made. Everything we have is now custom built exactly the way we want it and we can now just change anything at anytime. The customization ability of having your own in house dev team is unbelievable. Its a level of speed (once its built) and customization that an off-the-shelf product made for 100k small businesses will never be able to match. Its been 7 years since we made this change, so its cost us over $4.2M in devs and I STILL think its one of the best decisions we ever made. Now consider what has happened since 2019. Its now way easier and cheaper to hire devs and make your own CRM. Decent devs are no longer hard to find, big tech has fired a ton of them. And each dev is way more productive. The cost for development has fallen significantly. If we were willing to spend $600k for it then, you can bet your ass we are even more willing to now that the cost has gone down significantly. And we would be willing to do it at 10 employees instead of 20 like we did in 2019. Compound this issue over the entire market. I think one thing AI development will do, is make small business development needs cheaper and more realistic for every small business. Its hard for me to be bullish on Salesforce when I was willing to pay 60x more than their product costs to develop their product in my own company. Especially when that 60x is now only about 30x the cost and is decreasing rapidly everyday. I think every small business will come to the same conclusion by the end of the decade. This is a pretty major headwind for salesforce.

FearlessTrader

As someone who uses AI everyday to write software I can tell you one thing - the big players like NOW and so many others to name here won’t be going anywhere. Those companies will be benefitting from AI as much as the “solo ninja engineer” who’s trying to build CRM in one day from his bedroom, in fact they will benefit way more. I’m buying the fcking dip big time on these names. This is way overblown.

YouOnlyGetOneGo

Again not really. Most companies actual do their important reporting from spreadsheets. Anyone who says otherwise is either selling CRM (and lying) or just lying.

ferracattack

Unfortunately there’s no way to know when exactly the software selloff will chill out and investors will realize that companies like NOW and TOST don’t face the same existential threat as APP, CRM, etc. TOST could crush earnings today and still go down. That’s not the point

iShitBloodandCumShit

Loading zone on CRM 🤑

iShitBloodandCumShit

One of the top rules for running a company: Profits > a paltry 1400 CRM employees virtue signaling

iShitBloodandCumShit

The most beautiful symmetrical triangle I did ever seen forming on CRM.

Available-Range-5341

me too except I got lucky with CRM at the bottom. Whoopie. I think we should ride it out. I was a perma bear but this narrative shift feels like past fake narrative shifts. Everything is just temporariliy opposite. I held REITs, consumer staples, medical, energy, and utilities all last year while they had zero momentum and would keep correcting or have a tiny rally then crash Now those are all overpriced. This is the part we've been to before, once or twice a year for years. One day when you've lost hope, the utilities are suddenly down 3% on no news and tech will be up 5% and then the media will push out "\_\_\_\_\_\_ narrative overblown" headlines

lamonson1

From a product perspective, integrations often decide long term value. When marketing, sales, and support data remain aligned inside HubSpot CRM, adoption stays high. Once sync logic gets messy, confidence in the system drops quickly.

Bagholder71

CRM earnings coming up. Gonna be a bloodbath no matter why happens

dreadpiratewombat

Analysts have never done a major enterprise CRM or ERP transformation.  Moving to or from oracle, Salesforce or SAP is a major multi-year project involving hundreds of millions of dollars.  AI isn’t substituting that out any faster than cloud is killing mainframe computing.

slo1111

I still need the explaination of how AI replaces enterprise software. How does a tool that infers like a human going to keep track of the data if there is no enterprise data management like CRM or other enterprise tools designed to collect, manage, and report.   Seems like the opportunity of ai reduces the need of a human gui, rather than replacing the full system. They likely add in ai management and QA interfaces for the human users. I don't know if I am being short sighted, but I think the ai needs the structure these companies already offer

Same_Photo_2955

Always place a stop loss when initiating a position. Also start partial positions like buying 1/3 and waiting. Then another 1/3. Etc. At this point, current market sentiment may stick to HUBS and CRM for a while and it could be dead money waiting for a slow partial recovery. Nearly HUBS 10% drop today. Time for a gut check on hold, sell part, sell all. Some are holding and buying while others have capitulated. I don’t make investment decisions for others but recommend looking at your investments each day and ask yourself if it’s a buy, hold or sell. And why after doing your research. Good luck.

GuyFaulks77

I bought CRM shares 5 years ago and am only down 40%. Not bad.

FullCopy

Benioff spent 2 years selling “autonomous agents” and just realized it’s ChatGPT with a Salesforce login. Needs another McConaughey commercial: “Alright alright alright… turns out it wasn’t autonomous. It was just autocomplete with a CRM subscription.” Industry discovering the difference between agent and prompt with a Patagonia vest. Bullish on marketing. Bearish on reality.

WizardOfWires

SaaS stocks like HUBS, CRM, NOW, WDAY have got down crazy. None of them have a positive signal yet. If you are looking to protect it, buy puts expiring 90 days; and shield your portfolio.

m2astn

Exactly. If you want to right now you can give an AI agent database access and code it to enrich data for every contact and create follow-up tasks based on previous communications, product/service offerings, etc. Heck, you don't even need to use an agent, you can simply write code to iterate through every item and use an LLM API to interpret emails, enrich contact info, etc. Hubspot won't disappear, they'll add more AI to their software. The issue is that they'll probably see margin compression as companies will need fewer seats to manage their CRM, more competitors will appear due to a much lower barrier to entry now and some companies will opt to produce their own internal CRM's using AI and their own stack. THIS is likely what will cause Hubspot's revenue/margin declines.

Icy-Sheepherder-7595

I kinda figured that. I'm probably just going to keep loading up MSFT and ADBE at this time. Maybe some CRM or TEAM. SaaS is looking attractive but also not trying to fall into any value traps so I'm just not sure yet what to do.

Vitate

Sure, but I still don’t really see how that would be viable in practice compared to a mature SaaS product. Do we really expect everyone to build their own ERP, payroll, CRM, etc. software in house and figure out accuracy, compliance, etc.? I also don’t see how most SaaS businesses would become a mature offering by frontier model providers. Seems more likely to me that the existing SaaS or new competitors just allow agentic features and integrations. Could be wrong!

Available-Range-5341

I have been bearish for years because of insane valuations but today I bought ADP and CRM, yesterday I loaded up on AMZN and MSFT. I bought MSFT too soon apparently so am upset about that but it's not a deep regret. Not everything is cheap. But I find the narrative shift "fake." There was no real catalyst, and when there is no real catalyst, when it's just "concerns," the thing usually reverses, it's just a matter of when. It's INSANE to me as a bear to watch the former bulls become more bearish than me. I am cheering them up and telling them that MSFT actually does have value, etc.! WTF! These people couldn't get enough MSFT when it was $500 and they were still spending too much on capex. The fact that I of all people own CRM is insane, but people don't know me. It would be like if Trump said "open borders are great." People are really letting fear get in the way of them seeing value. I temp and every company I temp at uses and aint changing from ADP or CRM

Sea_Bed9929

What is that nonsense !!! have you seen this “AI that replaces the CRM” working on the enterprise level, or this is just a dream !!!

Vitate

How the fuck is a chatbot going to replace a CRM? I still don’t understand how the market thinks this will ever be a thing. Sure you can vibe-code an MVP, but that’s not the hard part of running/using a successful CRM.

soclear1700

Was thrilled to get out of my 2/20 MU calls which were down 80% and make a $2K proft at 306 this morning. Rolled that to CRM 187.5s instead 😐

bzl33

exists now in the private markets, but when a company like $NOW has given up 5.5 years of gains or $CRM is at pre-pandemic prices it will have an impact eventually in the private markets. Not as if $CRM or $NOW aren't building agents either.

buffandbrown

Salesform CRM

KekRico

Trash product and company. Going bankrupt. NOW, CRM SAP and Constellation are wayyy better plays

CryptoBoy-007

Nah, you are good. The DD today cause of CRM and Unity, which triggered a fresh Saas sales. But MSFT is Mera previous quarter.

johnny63137

CRM or NOW

Available-Range-5341

I had been a bear but even I bought MSFT, ADP, and CRM. Stupid? IDK. But I temp and everyone uses CRM and ADP. These are not going anywhere. I am so sick of dotcom bubble comparisons. I was bearish until recently because companies got overvalued, but the core value is there. It's not like these companies don't rake in huge amounts of $$$$.

Special-Ad-3210

That’s an absolute insane policy. Are you 100% sure? Your picks are good companies but what matters most is the price you pay. I like to purchase stocks depending on what the market gives me. If a stock is down substantially, it’s a great companies with growing revenues, I now have a new position. Right now, I think all these stocks are basically at all time highs. I wouldn’t purchase now, price too expensive considering. At the current moment, I like Energy/Oil. Personally I’m invested in FANG, SLB, CEG & XLE Enterprise software has taken a huge hit. I like CRM, NOW. SPGI is a good choice now if you like moats. Why no tech?

iShitBloodandCumShit

Algos want to see that double tap on the 23.6 line before sending CRM (slowly) to the moon.

iShitBloodandCumShit

CRM calls/shares. Probably go with shares.

sylphvanas

Getting dicked by GOOG, AMZN, CRM and ADBE while market mooning, very legal

iShitBloodandCumShit

Now that a very large portion of my portfolio is invested in CRM imma just delete the app and come back to it in 15 minutes. PT? $420

bobbybeansss

when CRM hits 150 next month im loading up

iShitBloodandCumShit

CRM. Just do it. Tagged a retrace level and it’s bouncing. At least dead cat bouncing 😂 25k shares @ 181-183 Putting that money I made on silver futures to use.

iShitBloodandCumShit

CRM bouncinnnnn (fuck me if it doesn’t)

Thin_Cat8817

Hope these stocks stay low so I can load up the next couple months. Just bought some NFLX, CRM, UBER, PGY, MSFT. Love a good fire sale

Beetlejuice_hero

You’re getting value in CRM right now. Not like you bought in the 300s. Just hold you’re fine. Could pop 30% on strong earnings.

iShitBloodandCumShit

CRM *might* bounce on a monthly 23.6% assuming my charging isn’t dogshit.