CRM

F4Flyer

I like Ferrari and Arista but not sure yet about Mongo's growth (will research) and know hardly anything about Tradeweb. Why Tradeweb? CRM is the king of the hill.

DogsHaveDreams

Of all the blue chips to park a quarter mil, why CRM

Proinvestr

DOFG - good growth guidance, low PE, just started paying dividends, pretty boring business. Google - Most undervalued big tech stock CRM - undervalued, high FCF, new acquisition looks different from their old strategy of acquiring companies at high cost. ASML - monopolistic company with high barriers to entry trading at decent multiples, low compared to historical averages. BGEO - high risk* as long as Russia stay occupied with Ukraine this bank stock operating in Georgia and Armenia should continue to increase (may want to wait for a slightly better entry point).

Lebowski304

Personally I like CRM but I’m not sure I like them at a 250k YOLO

janon330

I was going to say their product is expensive as fuck. Extremely niche and difficult to build out for and not very intuitive. I find many of its features gimmicky. But I do agree that the product is sticky and used by many companies. If a competitor came that offered like 70% of what SFDC ($CRM) did for a fraction of the price I think many companies would migrate.

wontgettfooled

Okay I must admit I'm not anywhere near that size of an investor but I have a pretty good idea, at least I think I do, of what I'm doing. It's only my opinion but I went ahead and jumped in after the earnings call with CRM. For me, I like them anywhere close to the mid-200s as long as I'm in it for the long haul. My opinion and my opinion only is that they are one of the bigger better firms and I like my position. I was taught to pick the best couple in class and hold long and tight. Seems to be working for me. Good luck

xdesm0

they should now you're a good poster in this sub because you bought with no DD. to answer your question I don't think you screwed up because everyone I know who works using salesforce calls it a fucking parasite, piece of shit software that it's so hard to get rid of that the company won't change a thing so this means that revenue is not in trouble. Plus big ass companies that their operations could use a CRM don't use them and instead run shit on excels and are a complete mess (personally I know of swedish one) so the market can grow.

TedBob99

Can you define what's a "CRM"? And no, Salesforce is primarily a platform with many modules available directly or from partners, building their solutions on it. And no, ServiceNow customers tend to have less business data on that platform than Salesforce, so Salesforce will have an edge when it comes to training on business data...

Mrhyderager

Salesforce is a CRM. It does some other things well, but that's it's bread & butter. Sales & Marketing. ServiceNow is known as an ITSM platform, but that's about 7 years outdated. It also does HR, Asset, Contract, Procurement... you name it. And it has officially entered the CRM space as of this year after several years of building up its ability to do Customer Service. ServiceNow is much better positioned to support training for AI models for all those reasons, not to mention their AI focused partnership with Nvidia. I could get into the technical reasons but I don't know that they matter for this conversation.

csr8765

CRM puts for next week

SomeoneNorwegian

Depends on the company size and implementation method. There are CRM software better than Salesforce should you be in a small company, with customization possibilities and automations which is easy to implement. If you're a larger conpany, I guess Salesforce is hard to beat

csr8765

Short CRM and chill

turboboraboy

Just my opinion from working with their software. It's not really anything special compared to other CRM solutions. Their licensing is quite expensive and by user, so as companies grow they will look into other solutions to reduce cost. Salesforce software has kind of stagnated and they really need to push innovation and integration with other systems to remain relevant.

Spider_pig448

Yeah ,just spend a few years building your own CRM and then you can finally get started on the actual product for your company. Great advice. This is something you could do when a modern wordpress website could get you 1 Billion dollars and 50 engineers from Softbank, but it's not a good approach for a startup anymore. Buy or self-hsot everything that isn't your core product until you're an actual company.

debaterollie

"Like GUI aside you can do everything they offer using open source or free programs unless you are a brain dead chimp." nothing was extrapolated- you had to look up salesforce before commenting because you know so little about the current technology landscape. You do not have the background knowledge to have an opinion worth sharing. "you can do everything they offer using open source or free programs unless you are a brain dead chimp." says the person who literally doesn't know what a CRM does.

debaterollie

nope- not touching the stock, but I actually understand what a CRM platform is and does.

Durable_me

I bought CRM also, just not as much as you did. :-)

debaterollie

...i mean you clearly don't. you "took a cursorary glance" at a product that you knew nothing about before- and to not already know about salesforce means you have almost no grasp the current technology market. your comment "just reliant off BTB contracts" is moronic in the context to a CRM platform. Other than a business, who uses a CRM platform? Finally, your fundamental understanding of the platform versus its competitors is absolute rock eating levels of dumb "basic level software that runs off of excel data sheets."

TechnicalCode5498

The best option is to build your own. Sales guy at a billion+ private company and we hired our own devs and built our own CRM. The process took a couple years, and we are still improving it with monthly updates, but no longer than it would for the sales cycle and switchover to another product. Now we have a CRM completely customized to our industry and sales workflow.

Wild-Presentation295

Don’t think you’d go wrong with CRM. Good luck

scarsonthesun

Bro just mortgage the house next time, at least you'll have shelter when CRM tanks 😭

mnelso1989

Our company is transporting to Microsoft dynamics, and it will be a 3 - 5 process. I don't have to interact with our CRM, but everyone who does is NOT looking forward to the transition... not that dynamics is bad, but the actual conversation process will be painful.

Spengler753

I'm working in the team helping to implement the new salesforce product. God way too many people in the kitchen at my company after all the stupid drama from the last CRM mess last year.

True-Victory-633

CRM long-term isn’t the worst play. But $250k without telling the fam? Ballsy

RilSG

So OP lost on CRM and ELF, lmao. Told him ELF will gap up 20% minimum.

Fickle-Experience526

AI is getting close to causing Depression-level unemployment and irreversible societal change (and not for the better).  It’s already possibly showing up in the IJC numbers, and we have companies like Salesforce (CRM) admitting to laying off workers and replacing them with AI.  I think humans should run the human world. Who in the developed world would honestly say life is better now than it was in 1981? We don’t need this much technology. 

randomThinks-

Here we are… just feeling it out with small shares CRM… some TSLA left over just a runner https://preview.redd.it/1otkax571w3f1.jpeg?width=750&format=pjpg&auto=webp&s=f8833c99ac7e5002df7997a7f28d3589d6594490

Econmajorhere

Benioff created a shit CRM, hired hot chicks to sell it to morons, paid Obama to speak at their annual conference and walked around like he was tech Jesus.

Post-Futurology

Dynamics is like 6 softwares purchased by Microsoft over the last 30 years. Salesforce is competent as a CRM but dogshit as an ERP.

D4zb0g

Not question of having a CRM anymore, but how you manage the related data, cloud migration is a big part of work at the moment.

weisswurstseeadler

been offered a bunch of sales roles for SFDC over the years, but holy hell - how do they even sell in such a saturated market? How do they onboard sales people if the average sales cycle is like what 3 years? Every enterprise has SFDC, especially bigger ones, while smaller orgs usually Hubspot etc. No enterprise wants to ever change their CRM unless it completely burned down, or there would be some innovation on the level of sliced bread. Having used multiple CRMs on my jobs, they are very comparable from my user perspective. And I haven't noticed any major innovation (from user perspective) at SFDC in the last 7 years. So all they do is squeeze their existing customers, I suppose?

IWantToPlayGame

AcKsHuALLy, CRM pays a dividend. In fact, they just increased it.

chad711m

CRM is solid. It's used so much in corporate world. Every single job I've had in the past 20 years used it. It's also shit and I hate it.

throwaway_0x90

> _"I bought 925 salesforce $CRM stock an average of $270 a share."_ You'll be fine. At the minimum, selling covered calls at $270 every month will be profitable. You'll get assigned before EOY.

Mrhyderager

Salesforce got beat to the punch on the "AI platform" thing by ServiceNow, who is also starting to take market share from them in the CRM space. Future is murky at best for them.

Fragrant_Witness_713

As a sales pro I have never fully understood its valuation. The only crm tools that actually increase revenue are ones for call centers. Every other industry does just as well with old school CRM and decent excel spreadsheets. I say this as someone who has worked for companies such as IBM Global, Accenture, AIG, etc in high level Bus Dev roles. HAVING said that... good luck

lemickeynorings

Are you regarded? They have 7% annual growth. They don’t have an integrated platform so their AI narrative will fall completely flat. CRM isn’t even a great sales AI use case. CRM is a basic reporting tool for leadership. Company in decline.

Landstander401

ideally you have a plan/goal when you bought the stock. When that plan/goal is met or changes, that is when to sell. It is best to let it compound over the long term, if the company is good. First year the 100 dollar stock grows 5%. Then the next year the 105 dollar stock grows 5%, then 111, then 116, then, then, rich enough to retire, buy a house, buy a mouse. one company i sold was CP. I like the company and the stock, but it wasn't returning anything over 2 years. So i felt like i had better opportunities elsewhere. So i sold and bought CRM.

King_Siege

ZS and DELL gonna pull a CRM tomorrow morning

fireinsaigon

The thesis was actually exactly correct. The trade wasn't. None of the names you called fared any better. I said the upside would be muted for NVDA - it was. I said it would be an indicator of global data center investment and analysts also said this. It's not big deal -6k is the risk you take. I made the same money back on a 5 minute CRM swing after earnings annc

AdPurple4902

DELL to 105 tomorrow like CRM.

Dogewarrior1Dollar

should have bought gap puts instead. Dell is going a CRM. I think we both are screwed. Saw a lot of option writing today

Airader

DELL slowly bleeding out. It's gonna pull a CRM by pumping AH and then opening with a fat dump

randomThinks-

Just bought some small 20 CRM https://preview.redd.it/dlj1af0fbs3f1.jpeg?width=750&format=pjpg&auto=webp&s=943ce31b233b4233e55fd8fd1ed78510a67f58ce

log1ck1717

Anyone playing CRM for tmr?

piaa9

CRM calls for tomorrow 

vivavip1

CRM didn't even flinch 

ibetyouliketes

Didn't want to buy anything but couldn't resist CRM

Pure_Professional

anyone else by CRM calls earlier?

csr8765

Analysts have been tripping over themselves to raise their CRM price targets and the stock is in the same place it was summer of 2020 lmao

AluminiumCaffeine

Nibbling some more CRM, that Q was fine I get if the market thinks its boring but its not priced like Salesforce has been in the past the bar is lower here

randomThinks-

CRM looking interesting… NVDA healthy reaction… extremely interested in seeing COST and then what’s the follow up next week

LeBhikariLe

CRM down 8%. What happened?

LumpyShock9656

What happened to CRM and Uber?

AluminiumCaffeine

Not going to go back and look at my journal, but fairly sure I swapped VEEV to CRM at some point... oops

King_Siege

I don’t know how CRM swung 15% so I could salvage my full port puts at open but I’m not complaining

Jackkernaut

WTF bers are doing to CRM??? 

LeBhikariLe

holy smokes CRM dumped hard

Forward_Contract_378

Can someone please explain why CRM ripped after hours and now it’s drilling?

gatovision

CRM getting smoked, jeezus. NOW and PLTR still way more overvalued. should be down in tandem

longGERN

Added another realized cap loss to my track record 👍 Also buying the CRM dip

King_Siege

CRM tysm

CommanderLeona

As it turns out, my CRM puts were NOT cooked 

chiefN8

$CRM free falling 

BearlyNotBankrupt

Salesforce (CRM) is a legit great buy if it goes down today. Company has like a "tower" in every major city for no reason because Benioff is crazy, and their outlook is constantly insane. For some reason companies keep integrating more stuff into their CRM software which is stupid, but it keeps them buying licenses.

CommanderLeona

I'm sorry for your loss CRM bulls but if it's any consolation my 250p are definitely cooked too 

ThinkingOfTheOldDays

CRM probably dumps, yes?

Careful_Breakfast602

CRM Wtf

Empty-Tackle783

CRM to 300$? 

cryptohorn

RBC Capital analyst Rishi Jaluria downgrades Salesforce (NYSE:CRM) from Outperform to Sector Perform and lowers the price target from $420 to $275.

AtlasComputingX

Tf is good with CRM bro massive beat on every corner opens flat?!?! What the fuck bruh Not cool I have calls on it for June but fuck

AtlasComputingX

CRM did me dirty ;(

hoidzaheer777

Jim Cramer just said - Not sure to trust this futures burst.. I wouldn't come in on top of it.. let's put it that way .. Still marveling at how CRM has gotten so disliked versus the exciting things they are doing... SPY TO FUCKING ATH

chiefN8

Decided to play some $CRM puts was not the move 

Empty-Tackle783

Will CRM get brought back up tm and go up 7%? I guess not lol.

getnewsroom

Hey, I hear you - finding the right growth stock for a 5-10 year outlook can be a tricky balance. As an experienced investor, I'd say the key is to look for companies with a proven track record of consistent growth, strong fundamentals, and the potential to continue outperforming the broader market. One stock that comes to mind is Microsoft (MSFT). They've been on an impressive run over the last several years, driven by the continued growth of their cloud computing business, Azure, as well as ongoing strength in their core Windows and Office products. Microsoft has a diversified revenue stream, a rock-solid balance sheet, and is well-positioned to benefit from the continued digital transformation we're seeing across industries. Another option worth considering is Nvidia (NVDA). They're a leader in the GPU space, with applications ranging from gaming to AI and machine learning. Nvidia has been able to capitalize on major tech trends like the rise of autonomous vehicles and the growing importance of data centers. While they've had some volatility recently, the long-term growth prospects still look compelling. I've also been keeping an eye on some of the major tech players in the e-commerce and cloud space, like Amazon (AMZN) and Salesforce (CRM). These companies are at the forefront of some really exciting trends, and I think they could be solid long-term holds. One thing I'd caution against is getting too caught up in the day-to-day market noise, especially with the potential for volatility this year. That's why I've found sites like news-room.ca really helpful for cutting through the clutter

andrex_p

For me it's even if CRM stays at that price... basically it's over for me 🤧

Equivalent_Reply_416

Someone posted CRM earlier, same sht. LOL

bdh2067

CRM sucks for earnings plays. Fucks me every time.

chesapeakeripper_18

Why is CRM down ?

cocky-cock

Why did CRM spike and then drop back down? I need my calls to PRINT or its Wendy’s for me

King_Siege

Well I’ll be able to sell my CRM puts for a 80% loss instead of a 99% loss now

Euphoric-Magazine300

I think both CRM and NVDA gonna sell.off tomorrow..

Chemical-Counter-170

Big cap stocks like. $ELF and $CRM , do an options strangle on them , Zacks says 

AdPurple4902

ELF? CRM? I swear you can’t make this shit up man

Baymax702

CRM and ELF reverse UNO 

KingKongShrest

Were the CRM reports not good? Why's it down 😭

Baymax702

$CRM and $ELF with the reverse 

Airader

CRM just faded and ELF climbed their way back up  maybe my options aren't dead yet

Berbollah

lmao CRM 

csr8765

CRM 🤣

Legitimate-Ant6838

Bye bye CRM 

AdPurple4902

CRM lol

Ready2gambleboomer

*CRM poots was not the play. Fukt.* 

knicksfan9

MRVL, CRM, NVDA in that order

Ambitious-Bit3507

$CRM with an awesome beat!

LeBhikariLe

CRM beat EPS expectations by 1%. Stock up 4%

MoanForSats

My dumbass was thinking of buying ELF calls and/or CRM puts, thank god I didn’t

GoZukkYourself

CRM Q1 EPS $2.58, $2.54 Est Revenue $9.8B, $9.75B Est GUIDANCE: FY2026 EPS $11.27-$11.33, $11.17 Est FY2026 revenue $41-41.3B, $40.82B Est

ManyCommunications

CRM