ADBE, CRM, NOW: Насколько они могут пострадать от ИИ? | Инвест ГРОГ с Солодиным
Спикеры
Dmitry Solodin
— Трейдер / Инвестор
Dmitry Solodin discusses several SaaS stocks (Adobe, Salesforce, ServiceNow, Trade Desk) that have fallen due to AI disruption fears but argues they are undervalued and adapting. He also covers hardware beneficiaries like Dell, AMD, and Intel, and is bearish on Oracle due to debt and capex risks. Speculative ideas include Palantir and Reddit.
- Dmitry Solodin presents a bullish case on Adobe, citing legal moat and AI adaptation.
- Salesforce and ServiceNow are highlighted as AI transformation leaders with strong growth.
- Trade Desk is seen as an independent ad platform with potential OpenAI catalyst.
- Dell, AMD, and Intel benefit from increased CPU demand from agentic AI.
- Oracle is flagged as a short due to massive debt, negative free cash flow, and equity dilution.
- Palantir and Reddit are considered speculative trades with strong near-term momentum.
- The broader market is viewed as bullish with positive gamma and institutional flows.
- Energy constraints and data center buildout risks are noted as headwinds for hyperscalers.
Идеи
Agentic AI boosts CPU demand.
Agentic AI will increase demand for CPUs, benefiting both AMD and Intel. Both are leaders in CPU market and will see increased workload from AI agents.
Server demand drives Dell growth.
Dell benefits from growing server demand driven by AI and CPU upgrades. The company has strong accelerating cash flows and a buyback program.
Palantir speculation for another wave.
Palantir has strong fundamentals (230% EPS growth) but high valuation. Technically, it may have another wave up to 210-220 before a larger decline, making it a good speculative trade.
Reddit strong growth, still upside.
Reddit has excellent revenue growth (70%) and EPS growth (193%), with strong institutional buying. It still has room to run and is a top pick.
Adobe resilient, undervalued, buyback.
Adobe's business is not deteriorating; fears over AI disruption are overblown. The company has a legal moat with licensed data, strong buyback, and is adapting with AI. Valuation is attractive at P/E 14-15.
Salesforce AI transformation strong.
Salesforce is successfully transforming into an operating system for AI agents. Agent Force ARR grew 170%, and tokenization model protects revenue. Flows are excellent.
ServiceNow core AI platform.
ServiceNow is the leading platform for enterprise AI agents, with strong ARR growth (22%) and Now Assist adoption. The Armis acquisition, though expensive, is necessary for security. Technicals suggest a reversal.
Trade Desk independent ad leader.
Trade Desk is the leading independent ad platform. Despite a reputational scandal, fundamentals are strong, CEO bought shares, and potential OpenAI partnership is a catalyst. Long-term position is justified.
Oracle debt and dilution risk.
Oracle faces huge debt and negative free cash flow due to massive AI data center capex. Banks are reluctant to lend, leading to equity dilution. Risks are high and stock likely to fall further to ~115.
Далее
This Dmitry Solodin video, published April 24, 2026, features Dmitry Solodin discussing AMD, INTC, DELL, PLTR, RDDT, ADBE, CRM, NOW, TTD, ORCL. 9 trade ideas extracted by AI with direction and confidence scoring.
Speakers: Dmitry Solodin · Tickers: AMD, INTC, DELL, PLTR, RDDT, ADBE, CRM, NOW, TTD, ORCL