CRM在13-14倍市盈率下被低估，因叙事转变（AI交易、席位增长）和持续重估，是长期必持标的，但短期超买，建议在回调至250美元低至中位时买入。
逐段跳播
或者对我来说，让我本周和上周感到兴奋的是Salesforce。那才是你会得到兴奋的地方，可以这么说。是的，我想谈谈Salesforce，然后整体软件领域，因为你和我多次谈到软件在很长一段时间里是市场的弃儿，哇，软件回来了。
它很强劲。Salesforce CRM是代码，绝对是那里的领导者。
or for me, uh, what made my week this week and last week was Salesforce. That's where you're going to get excitement, so to speak. Yeah, I wanted to talk about Salesforce and then overall the the software space because you and I have talked many times about how software was, you know, the redheaded stepchild of the market for a long time and wow, software is back. It's strong. Salesforce CRM being the ticker, uh, definitely being a leader there.
所以，当你看到CRM时，你有一家以终值估值交易的公司。想想PayPal，想想这些公司或Zoom，它们只是放缓了，然后就这样了，对吧？问题只是成为一家盈利但没有增长、数字完全减速的公司。
然后CRM证明了情况并非如此。而且，还与最重要的人工智能公司Anthropic签署了协议，并创建了Claw Force，突然间他说等等，这改变了整个叙事。他们不仅没有失去席位，还在获得席位。
他们正在与那些据称要取代他们并让他们倒闭的公司签署协议。现在，根据他的盈利指引，你可以以13、14倍的市盈率买入CRM。这怎么可能合理？它不应该像一家终值公司那样交易。它是必须拥有的。
Um, so [clears throat] when you look at uh CRM, you had a company that was trading with a terminal valuation. So think of PayPal, think of these companies that or Zoom that just had a slowdown and then that was that, right? And it was a matter of just being a profitable company but with no growth completely deceler complete deceleration in numbers. And then CRM proved out that's not the case. and then moreover signed a deal with the most important AI company in Anthropic and created um Claw Force and all of a sudden he said wait that changes the entire narrative. Not only are they not losing seats, they're gaining seats. They're signing deals with who is supposedly going to unseat them and put them out of business. And now based on his earnings guidance, you can buy CRM for 13 14 times earnings. How the f does that make any sense? It's shouldn't be trading like a term of a company. It's a must own.
所以，我们对此非常疯狂。230，我想。我不想引用错误，但我想那是我们开始的地方。230。最近，我在257、258买了更多，还有大约253、254，都是回调时。是的。253、254。
我会继续在回调时买入，但它已经涨得太久了。我已经卖出了大部分。股票超买了，可能会回调一点，但数字令人难以置信，走势令人难以置信，华尔街正在重新评级它。
So, we went crazy on that. Uh 230, I think. I don't want to misquote, but I think that's where we started. 230. Uh recently, I bought more at uh 257 258 and uh no about 253 254 and all pullback. Yeah. 253 254. And I'll continue to buy it on all pullbacks, but it's long in the tooth. I've sold most. The stock is, you know, overbought and probably will pull back a bit, but it just unbelievable numbers, unbelievable move, and Wall Street's in the midst of rerating it.
所以，当一家公司从无增长、缓慢增长、减速到再次像成长公司一样被估值，但交易在13、14倍时，它们不会持续很久。这是要吸取的教训，这就是这里发生的事情。
So when a company goes from no growth, slow growth, deceleration to being valued like a growth company again, but is trading at 13 14 times, they don't last very long. That's the lesson to be learned and that's what happened here.
以及Salesforce及其复苏，软件交易得有多好，也许软件，半导体如何滞后。你错过了Salesforce正在被重新评级并且太便宜的事实，你需要拥有它。
and uh Salesforce and its comeback and how well software is trading and maybe how software how semis are lagging. you miss the fact that Salesforce is being rerated and is too cheap and you need to own it
我认为CRM Salesforce将继续走高，但我会等待回调到250年代初、250年代中。
I think CRM Salesforce will continue to go higher but I would wait for a pullback into the low 250s mid 250s.
Palantir最近，Salesforce软件一直令人难以置信。
uh Palunteer recently, uh Salesforce software has been unbelievable.
他说在等什么
这个频道对 $CRM 的历次判断
T3 Live 在这只股票上只有这一条判断。