Shopify vs. Salesforce He owns Shopify, though their PE ratio is really high. He uses Salesforce's product. Shopify has had a tremendous run, but he expects competition to hit them, offering a cheaper service. That said, Salesforce's moat is good--it isn't worth saving, say, $30 a month to learn a brand-new business software for your business. Salesforece has also been around longer and proven their staying power, whereas Shopify's stock price is based on future projections. Also, Shopify has a longer runway for growth than Salesforce.

$59.74 is his model price and it is at 61% above that.  If you ever got a correction or bad news it would be worthy of consideration.

The technical chart is exceptional.  It has connectivity with client needs and provides a critical advantage.  They have scale and can command a premium valuation to its competitors.  They are constantly making their systems better.  It has recurring revenue, which makes is superior to other tech holdings like the semi-conductor space.  He has exited tech holdings in the portfolio, because the valuations have become too expensive compared to other sectors.  He would take profit here.  

Salesforce compared to Facebook and Google? Software company, trades at a high multiple, which is holding her back from buying. It’s more a momentum stock, any stumble and it will pull back. Not similar to Facebook or Google, which are advertising plays on the internet. Great company. Wait for pullback.