Enterprise SaaS AI

Stocks

• NOWServiceNow, Inc.

  Enterprise AI workflows.

  $88.31
• SNOWSnowflake Inc.

  Data cloud, AI workloads.

  $136.47

  $134fib+2%
• CRMSalesforce, Inc.

  Agentforce monetization.

  $176.53
• Adjacent (secondary)
• CRWVCoreWeave, Inc.

  Singleton — does not co-move with SaaS trio but thesis-adjacent. Shown as related name on bubble page but excluded from cluster stats.

  $111.60

  $96fib+16%
• PLTRPalantir Technologies Inc.

  Singleton — does not co-move with SaaS trio but thesis-adjacent. Shown as related name on bubble page but excluded from cluster stats.

  $139.11

  $138fib+1%

Correlation matrix (252d)

Ticker order reflects hierarchical clustering assignment. Tighter green blocks on the diagonal = stronger sub-clusters within the bubble.

ETFs carrying the thesis

• IGVPrimary

  iShares Expanded Tech-Software Sector ETF

  BlackRock
  —
• BOTZ

  Global X Robotics & Artificial Intelligence ETF

  Global X
  —

Sub-clusters

• CRM
• NOW
• SNOW