Just noticed something interesting in the software selloff that's been happening lately. While everyone's panicking about AI replacing software tools, some really solid companies are trading at absolute bargain prices right now.

I've been looking at two names that keep catching my eye: Intuit and Salesforce. Both have insane competitive moats and the kind of integrated product ecosystems that actually get stronger as they scale.

Let's talk Intuit first. Most people know them from TurboTax, but that's just scratching the surface. They own QuickBooks for accounting, Credit Karma for credit monitoring, and Mailchimp for email marketing. The real genius move is their Online Ecosystem strategy where they're bundling all these products together for small businesses. Last quarter alone, ecosystem revenue was up 21% year over year and now represents 80% of their business segment.

Here's what's wild: the stock is trading at $400 with a median Wall Street price target of $800. That's 100% upside just sitting there. At 17 times forward earnings while growing mid-teens revenue, it feels like the market is completely underpricing the stickiness of their software. Small business owners aren't exactly shopping around for cheaper bookkeeping solutions when they're focused on running their business. Plus, TurboTax keeps growing despite government pushes for free alternatives, which tells you everything about how locked-in customers really are.

Now Salesforce is a different beast but equally compelling. They've built this massive cloud infrastructure across sales, service, marketing, and commerce. The enterprise integration is so deep that customers keep expanding their spending across the entire suite. But the real story is Agentforce, their AI play that launched in late 2023. The annual recurring revenue on that jumped 330% year over year to $540 million. Sure, it's still a small part of the overall business, but the momentum is undeniable.

Salesforce is currently at $190 with a $325 price target on the Street. That's 72% upside. Trading at just 14.5 times forward earnings while management is targeting Rule of 50 status (margins plus growth exceeding 50%) seems like the market is completely discounting their potential. If they hit even half those targets, this stock should be worth significantly more.

What's really interesting to me is that both companies are so entrenched in their respective markets that AI actually becomes a moat rather than a threat. They're the ones building the AI tools that everyone else is worried about. The sell-off created an opportunity for patient investors willing to look past the short-term panic. Worth keeping on your radar if you're thinking about longer-term positions in quality software infrastructure plays.