r/valueinvesting
Today I was up 1.5% , guess my saas bags are heavy & here is why
Author holds SaaS stocks like MSFT and UBER but worries about AI replacing SaaS apps, citing personal experience with Shopify.
- Author holds high-quality SaaS stocks and is currently seeing portfolio gains.
- Core SaaS platforms retain long-term historical data that is difficult to migrate.
- AI tools can directly replace specialized SaaS apps, threatening their revenue and utility.
- Persistent inverse correlation between AI stocks and SaaS stocks indicates market skepticism towards SaaS.
I own stock quality stocks (in my opinion) such as MSFT, NOW, TEAM and UBER
My question is at what point this inverse correlation between AI stocks and SaaS stocks gonna end???
In my opinion, AI for sure will be huge thing but that doesn’t mean I gonna create a Shopify store from Claude just to save some pennies and leave all the 10 year data in Shopify for it (I don’t own SHOP stock but I am a merchant on Shopify and sell products. So, just giving you a real life example here)
Having said that I don’t know about few other saas stocks such as intuit or Duol (not saying its bad or good)
Edit:- forgot to add, on my shopify store I used to use 6-7 apps such as country redirections or estimates of shipping time. Claude just replaced those kind of apps from a code so now I don’t need to pay extra fee for those apps.
Do you have any similar real life story here??
Other than “AI gonna eat saas lunch”