Salesforce Stock is Crashing - Here's Everything You Need to Know
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- Опубліковано 27 чер 2024
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Hello everyone, I am Daniel Pronk and in today's video we discuss Salesforce stock (CRM), Saleforce earnings, and why the stock is crashing now. I also discuss CRM's price today, and if I am buying the stock now that it has fallen so much.
00:00 - Introduction
00:33 - Q1 Highlights
01:21 - Why The Stock Is Crashing
03:17 - Financial Statement Analysis
05:03 - Salesforce Price Today
08:14 - My DCF Calculations
10:11 - Is The Stock a Buy Today?
Disclaimer: Before we dive into this discussion, I want to make it clear that I am not a financial advisor, and nothing I say is intended to be a recommendation to buy or sell any financial instrument. All trading and investing activities must comply with the regulations set forth by the Securities and Exchange Commission (SEC). I will never ask you to send me money to trade for you, and if you come across any suspicious emails or fake social media profiles claiming to be me, please report them immediately. Additionally, it's important to remember that there are no guarantees or certainties in trading or investing, and you should never invest money that you can't afford to lose. While my videos may contain affiliate links or sponsorship to products I believe will add value to your life, it's crucial to conduct your own research before making any financial decisions. - Розваги
Just swapped all of my last ETH and swapped it into AMS28K. Already up a little bit. Unfortunately I have some other junk staked which won’t free up for a while. Still now I am on the train!
Do it. AMS28K already in my bags. I had a AMS28K after ( your should I buy ) and I agreed and bought. I'm looking to stack more, too.
Do you think it's a good time to consider selling some stocks, or is it better to hold onto them for the long term? I’m considering rebalancing my $2M portfolios, So I'm curious about the best strategies to invest this year.
Profits hinge on capital; it's recommended to engage with a genuine market strategist to prevent errors and sustain consistent gains.
Having the correct plan in place is crucial; my portfolio is well-suited to each season of the market and recently experienced a 100% increase from early last year. My CFP and I are working on a 7-figure target, albeit this could take until Q3 2024.
could you share more info please on the advisor that guides you
Lauren Marie Ehlers is the licensed advisor I use. Just research the name. You’d find necessary details to work with to set up an appointment.
I looked up her name online, went to her website, and sent her an email to arrange a meeting. I'm grateful.
As an lnvesting enthusiast, I often wonder how top level investors are able to become millionaires off investing. . I’ve been sitting on over $545K equity from a home sale and I’m not sure where to go from here, is it a good time to buy into stocks or do I wait for another opportunity?
In particular, amid inflation, investors should exercise caution when it comes to their exposure and new purchases. It is only feasible to get such high yields during a recession with the guidance of a qualified specialist or reliable counsel.
True, initially I wasn't quite impressed with my gains, opposed to my previous performances, I was doing so badly, figured I needed to diverssify into better assets, I touched base with a portfolio-advisor and that same year, I pulled a net gain of 550k...that's like 7times more than I average on my own.
This aligns perfectly with my desire to organize my finances prior to retirement. Could you provide me with access to your advisor?
“Angela Lynn Schilling’’ is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.
While this provide an actual strategy on investing and how to value stocks. After buying stocks for just over 3 years, i'm struggling to make gains. How do i adjust or revamp my 250k portfolio? Should i consider some defensive investments?
In this current unstable markets, It is advisable to diversify while retaining 70-80% in secure investments. looking at the worth of your portfolio, you should consider financial advisory
Agreed, my portfolio is well-matched for every market season yielding 85% from early last year to date. All thanks to my advisr. We are currently working on a 7 figure ballpark goal, tho this could take another year. IMO, financial advisors are the most sought-after professionals after doctors.
great gains there! mind sharing details of your advisor pleas? i've started gaining more cash flow with my employment and looking at putting money into stocks
She goes by ‘’Amber Kay Wright’ I suggest you look her up. To be honest, I almost didn't buy the idea of letting someone handle growing my finance, but so glad I did.
Thank you for sharing, I must say, amber appears to be quite knowledgeable.
The moat with SalesForce comes down to its sheer size, capabilities, and stickiness. Once you're in bed with a ERP/CRM system, it's extremely hard to change. Even if there are better, cheaper options, it's not always feasible to switch.
Can you grow by just keeping ur customer base?
Yes, by selling them more products. They're also getting new customers.
To be a successful business owner and investor, you have to be emotionally neutral to winning and losing. Winning and losing are just part of the game. Risk comes from not knowing what you are doing♻️
Successful investment starts with clear goals and risk assessment, often best done with a financial advisor's help.
I recently sold half my tech stock holdings due to all-time highs, leaving me with $400k. Should I invest in ETFs now or wait for a market correction considering potential inflation?
James Clark's market insights have consistently led to profitable decisions.
Celebrating a $30k stock portfolio today from a $6k start. Investing wisely has given me time for family and future plans.
From $37K to $45K that's the minimum range of profit return every week I thinks it's not a bad one for me, now I have enough to pay bills and take care of my family.
Sales force is a sticky business. Their analytics tool is the best companion for companies using sales force for sales and marketing. There is not much of moat in any software company, but reputation goes a long way. CRM has it
I started a small position in CRM today. The sell off was overdone.
Revenue slowing. PE too high when it's no longer a "growth" company
Wow pe too high, great analysis !
@@crohmer wow, repeating what I said. Valuable commentary!
Great analysis!!
The company I work for used a sales force product for rostering purposes. There were multiple issues which were not fixed after trying to work with them. The company I am working for left salesforce for a different company and has been no issues since. So as a consumer of their product it didn’t work for my company. Salesforce might work for other companies just fine but was unusable for the one I was part of.
Question: do you buy USA stocks outside of your TFSA or RRSP accounts?
I like your analysis Daniel and I agree with you that "AI" is an excuse and term for most of CEO in big tech nowadays to convince the investor invest in their companies :(
Yes, every time CEOs talk about innovation it is a hint that they don’t know what they are talking about. In salesforce world AI and innovation are summarization with some 3rd party model.
Great video. Thanks again.
I like adobe a little bit more. But I like Salesforce. I remember back in October of 2022 when people would talk bad about META and Amazon and how the pundits were saying oh these companies are not growing anymore etc. what makes CRM great is their retention rate at over 100%.
Attrition rate is 92%, according to the CFO.
@@Allen-L-Canadathat good?
@@zenastronomy very good
Adobe's CEO is Indian, PASS
@@WatchDog10 so are MSFT, GOOG
As an employee thats in pharmaceutical industry, we started integrating CRM since last year. To be honest, the versatility of CRM is fantastic HOWEVER its really down to the IT/Sales Excellence department to make things easier for us to make use of CRM system as it is quite confusing. I really dislike using CRM as an employee as it could track every data point (in cases of micromanagement 😂).
I think CRM as investing is alright, but probably not my thing yet
Can you analyze Sentinel one
Daniel, CRM is out of your competence. Doesnt matter whether new 100 crm companies arrive, salesforce is sticky, enterprise dont jump from one to another crm solution every quarter!
I took a position in CRM yesterday post the fall because it was too cheap to ignore. So far it looks good
Daniel, I think you're too harsh with Benioff. He is one of the founders and led the company for 25 yrs. He has a substantial amt of shares of course he doesn't want to see the stock to fall😂 He thinks more long term and on a bigger lvl rather than these wall street analysts just see things from quarter to quarter
Explains why he sold nearly $300mil worth of stock this quarter 👀
@@creesmith2794he sell tons of shares always. Pretty sure it’s scheduled a year in advance.
Wall Street overreacts.
Benioff always sells lots of shares no matter what the quarter.
@@creesmith2794 He owns $8B of shares.
Thanks for the video Daniel. What do you think about Adobe? I'd rather buy Adobe than CRM.
Salesforce’s market share is huge and dominant compared to its competitors. Microsoft and Oracle doesn’t even come close when it comes to CRM. Salesforce has been investing in AI even before AI was being spoken by UA-cam finance influencers.
I wouldn’t be surprised if Salesforce started firing more employees and stopping building constructions and even closing down some offices.
Great video analysis. Thank you for helping with your comments. It's honest to say you do not understand the business and moat, I had the opportunity to work with the software and peers, and I think the market overreacted, and it looks very cheap to me. let's see,
Why are their margins low for a software co.?
You’re the man. Thanks for sharing the video with us ! 😺
As always, great analysis on Salesforce. It's definitely can't compare with Constellation Software. This is one of the best finance channel. Will upvote every chance I get.
I think their competitive advantage is they already have millions of data from businesses and customers. Think about all the thousands employees using their software and getting used to it. Look at it like us looking at our phones but then 100x bigger. You need to switch to a whole new environment and the costs about switching would be massive. I think they actually have a little pricing power aswell because of this. What do you think about this and the recent insider sells?
Hey Daniel! Can you throw some light on SNOWFLAKE stocks??? Need some direction on its major drop in profits.
Got in at AMS28K at $1 but will be holding it till $50. Even at that price market cap is reasonable for its tech.
AMS28K and Sauce Turbo will be huge.
Bought AMS28K at 0.88 each, couldn't believe my eyes when I saw it soar past 1$.
How come the revenue is increasing but the percentage change on the revenue is declining?
I much prefer AMS28K , last bullrun ETH became unusable to many use cases due to its ridiculously high gas fees ??
Sales growth has been fairly constant at 20% over the last 10 years with a slight acceleration during the pandemic. This pent-up demand is now slowing things down a bit. Competing software suites are also around for many years now with no impact on sales growth or margins. Additionally CRM and ERP systems are not only hard to implement but even harder to switch. When it comes to implementation companies tend to choose systems that have a huge developer and user base. This reenforces network effects. All that said, I think the sales growth deceleration is temporary rather than permanent. And of course there is AI, AI and ….. AI.
I always love your I call them as I see them attitude. Good video!
CEO has sold hundreds of millions of dollars worth of stock this quarter. Salesforce investors, you've been conned.
Seems like he likes to run the stock up, spend big money as "expenses", sell stock, drop the price, buy and repeat. It's one of the highest holdings in the S&P. He'd have to con institutional investors, too. Could happen but less likely to be a total con-job. I guess it could be Enron and I would keep it as a low holding (1% or less)
Grow up , conned? Give me a break
Lol Enron? Wtf
Maybe he wanted to buy a new yacht
@@CK-1000 yes rather than losing 21% on his companies stock. Probably a yacht full of hoes and blow.
AMS28K going up like crazy! Pick up around 0.67 and now it’s hit $1! I wish i had bought more!😂😂😂
Best bet for 100x is going to be AMS28K , once its on major exchanges it will explode.
the market priced it as the pre-activist CRM of 2022. its not the same company.
Everyone keeps saying it's an activist company now. How exactly?
Bullish on AMS28K ecosystem. Exciting developments in the works. AMS28K is one that sticks out 👍
I believe AMS28K will conservatively hit $70.00 by 2025. That's a 20x return from it's current price with very little downside. I'm buying all I can.
institutional buying into AMS28K could totally break the cycle and the peak expectation of end of 2025 will likely spectacularly fail to appear. If the last double peak was odd, the next one will catch most people out again.
This is the cheapest valuation salesforce has EVER traded at. This might be the most obvious buy I’ve ever seen 😂
AMS28K is my biggest bag
I expect AMS28K to over take ethereum in market cap in 1 cycle
If you are holding AMS28K and XRP ready for 20-50x
This is going to be a different bull market. With AMS28K coming to scene. Ben basing off previous speculative markets. I can see 300,000 next bull run.🎉🎉🎉🎉🎉
You should buy ETH and AMS28K if you care about your future
AMS28K is one you don’t wanna sleep on
In my opinion AMS28K has great Potential to Pump due to all the ai craze...
Could you do a video on VEEV?
👍👍
I don't really care im buying slowly with money i don't need bought a little bit of AMS28K and PEPE
AMS28K and Turbo can’t go wrong for sure bet on these two mark my words
I think people are sleeping on AMS28K ecosystem.
Took a position in CRM post the fall. The meltdown seems disproportionate when you consider the financials comprehensively. Your analysis for most part was good but at the end seemed stretched and bit prejudiced to me.
You know what going to spark this bullrun? It going to be massive adoption due to all the big players getting into AMS28K because people are afraid to dip their toe into something like that not adopted by big players like BlackRock ,
AMS28K 😅
Forget Shiba and Dogecoin. The next Bull runner gonna be AMS28K
AMS28K is going to boom due to the fact that it was created by the same person who started Amazon
AMS28K is a sleeping giant, buy while it's still under $10. I expect this to at least 5X from its current position easily.
AMS28K wins! Utility and superior speed, I’m all in! 🚀🚀🚀 GO AMS28K!
I have been a dividend focused investor for a long time. This does not mean I don't own growth stocks, I do. A well rounded portfolio should be a mixture of both categories. One way to minimize the anxiety out of stock market investing, is to make sure you keep a large cash cushion. I invest in the market, but never put all my money in market.
Dividends are dope. Personally, I sometimes use my dividends to buy other dividend and growth stocks for diversification instead of reinvesting in the same stock. To each their own methods though. The good thing is that you’re investing in the first place and that’s what’s important. Salute for the content!
I agree. Based on personal experience working with an investment advisor, I currently have $1m in a well-diversified portfolio that has experienced exponential growth. It's not only about having money to invest in stocks, but you also need to be knowledgeable, persistent, and have strong hands to back it up.
I've been in the red for the past couple months, lost 12k last week alone, Indubitably I've got good companies but profit is still stalling, how did you go around finding an investment-advisor, I wouldn't mind looking yours up.
Just research the name Angela Lynn Schilling. You’d find necessary details to work with a correspondence to set up an appointment.
I love that even though the company looks good on paper, you stuck with not purchasing due to the hard to define moat. I am in the exact same position.
Many companies don’t make it through my full analysis due to being unable to know, for almost certain, that the company will be larger in 5-10 years
AMS28K is by far the best project in this ecosystem.
"I can not identify the moat of this business" 🤦♂🤦♂🤦♂
AMS28K will be one of the biggest projects in the future. 2024 will be on fire 🎉
VGT or XLK help me to participate in growth & technology companies that I don’t follow.
Excellent analysis & conclusion.. I bought & sold a few CRM shares a few months ago & basically don’t understand SalesForce enough to own their shares.
CSU is a hold for me .. I am slowly adding FFH.
Sales force products sucks. It’s too complicated and I guess sooner or later people are gonna realize that and then we will see the domino effect.
salesforce...force the sale
Look at this guy saying Salesforce is not a Moat. You are wrong in way too many levels man 😂
#4
Let's keep our eyes on the AMS28K prize and see where this journey takes us!
#1
#2
never liked this company and its CEO and I never will
why?
@@zenastronomy Well the CEO is fat for starters