Traders might want to take a better take a look at US shares Salesforce (NYSE:CRM) and Pinterest (NYSE:PINS) in July. These two expertise leaders provide distinct progress profiles, whereas buying and selling at notably engaging ranges. Right here’s why I believe they’re price of consideration.

Salesforce: the subsequent stage of AI

Salesforce stays the dominant pressure in buyer relationship administration software program. Its integration of synthetic intelligence (AI) — notably via its Einstein platform and up to date Informatica acquisition — positions it on the forefront of enterprise digital transformation. 

The corporate is anticipated to ship regular earnings progress, with consensus earnings per share (EPS) projected to rise by 10.6% in 2026, 11.9% in 2027, and 14.6% in 2028, averaging simply over 12% yearly.

Valuation metrics present Salesforce buying and selling at a ahead price-to-earnings (P/E) of 23 instances for FY26 (the present yr), falling to twenty.6 in FY27 and 17.9 in FY28, nicely beneath its five-year common of over 40 instances. 

The ahead price-to-earnings-to-growth (PEG) ratio is round 1.3. This represents a 26% low cost to the knowledge expertise sector common. A superb signal of worth.

Salesforce’s steadiness sheet is robust. It has $17.4bn in money and $12bn in debt, leading to a internet money place that helps ongoing funding and acquisitions. 

Nonetheless, traders must be aware of the dangers. Execution in AI and continued aggressive strain from Microsoft and Oracle stay ongoing challenges.

Nonetheless, analysts see loads of potential right here with the typical share price goal 34% larger than the present price. It’s actually price contemplating. It’s already a part of my portfolio.

Pinterest: AI may very well be transformational

Pinterest is present process a change as AI-driven personalisation and content material discovery reshape its platform. And it’s going to drive earnings progress.

Consensus estimates name for EPS to rise by 39.8% in 2025, 18.7% in 2026, and 21.2% in 2027, averaging practically 26.6% per yr. This speedy progress is mirrored in its ahead P/E, which drops from 19.3 in 2025 to 16.3 in 2026 and 13.4 in 2027, with the PEG ratio sitting at simply 0.59.

The transformative affect of AI on Pinterest’s consumer expertise and monetisation potential is important, positioning the corporate for additional re-rating as margins increase.

Nonetheless, there are dangers nonetheless. For one, there’s concern that the US economic system could also be heading in the direction of stagflation. And that’s essential as a result of North America represents 78% of its income technology. A slowing US economic system, coupled with tariffs, may see an promoting budgets pullback.

Regardless of this, I’m investing in Pinterest for the long term and I believe traders contemplating it ought to suppose that method too. It’s already buying and selling at a low valuation relative to its progress expectations. Perhaps a US downturn is already priced in.

The corporate’s decrease income per buyer exterior North America additionally represents an enormous alternative. With 570m energetic customers worldwide, and only one fifth of them in North America, Pinterest could also be wanting tougher at the way it can monetise this enormous market.