Bill Baruch, Founder, Blue Line CapitalSalesForce.com Inc.CRMCOMMENTNov 17, 2023

It is an obvious one for AI technology. In answer to the question don't trade it for NVDA. It's the same theme and they're both great.

You could take profits, but wait till they report. He'd sell calls around $285-290. There's going to be resistance around the high of October 2021. He'd add again around $260, and then $250.

Excellent company, and would recommend holding. Wait for share price weakness before buying given high valuation. 

An analyst upgrade noted a re-accelerating topline and a good EPS growth compounder.

#2 software company in the world by revenue, between MSFT at #1 and ADBE at #3. Customer relationship management. Heavy player in AI. Buy in thirds here around $266, in the low $250s, and around $240. No dividend.

It's at a 52-week high. Buy on a dip.

Been a lot of premature hype earlier this year, but AI is no fad and demands a long-term strategy. You need to pick the right companies, preferring large, establish companies over speculative smaller ones. AI will be a growth story in coming years.

He sold it (a small position) to add to his MSFT shares, which is a core position.

It reported today a tremendous quarter, a solid top and bottom line beat with a much better than expected operating margin, super cash flow while the data cloud division was up 42% YOY.

It reports next week. Two analysts just lowered price targets, but he likes this space, also owning Adobe and Microsoft

They have operational efficiency now and should be applauded. Before, they were spending a lot in buying companies. He bought this last April and is glad with its move up. Likes that they were focusing on their balance sheet.

Still owns it. Yes, it's been volatile, but management is good. As long as rates and inflation are steady or decline, this and its peers are the place to be. They will benefit from their super AI platform; Einstein is a powerful tool.

Still some runway, with 12-month price target of $242.75. Margins around 40%, revenue's up YOY by 10-12%. Einstein AI has been released. Continues to do collaborations. Loves it. 

They can explode their earnings higher, based on their AI, Einstein. He's met users who have been thrilled by Einstein.