Jun. 20 at 4:38 AM
$CRM A few points to consider:
1. Data within the CRM system is locked down and can't be readily exported to AI agents, so will be used within the Salesforce own AI Agent.
2. Strong jobs and GDP growth will at least hold user numbers, if not add to them, always positive for SAS plays.
3. Anyone who has installed one of these systems knows the sunk costs and changing platforms is a serious undertaking for any organisation.
4. Remember Elliot were in the name around these levels ~18-24mths ago, so there is always potential for activist play.
All the while, the platform is posed for accelerated growth into Q3.
Personally, I think the sell off is overdone and I've been adding around these levels.
All thoughts welcome