Subject: Re: SAP SE
Lots of software companies down today on news that Amazon Web Services is developing an AI agent to automate some functions for sales, business development and other groups.

Microsoft is now trading at 20 times FWD PE, a bit less than SAP’s 21. And the champion of AI stocks, NVDA is at 21 FWD PE with 3-5 year FWD EPS growth of over 30%. In comparison much slower growing “AI proof” companies like JNJ and MCD are trading in the same 21-23 FWD PE range.

And SAP has received poor reviews from clients and partners over the quality and price of its AI tools.

https://www.bloomberg.com/news...

https://seekingalpha.com/news/...