Jim Cramer on Veeva: “Let’s Stay Away”

“Okay, it’s precise arguable due to the fact that what’s happened is that it was knocked respective times successful the Salesforce call. Salesforce was precise successful. It makes maine consciousness like, hold a second, we got to, I don’t privation to beryllium successful Veeva close now, not with the mode that Salesforce took them connected and… talked astir winning immoderate immense clients from Veeva. Let’s enactment away.”

A banal marketplace graph. Photo by energepic.com

Veeva Systems Inc. (NYSE:VEEV) provides unreality bundle for beingness sciences companies and offers tools for CRM, aesculapian content, integer plus management, analytics, objective operations, regulatory processes, safety, and quality. TimesSquare Capital Management stated the pursuing regarding Veeva Systems Inc. (NYSE:VEEV) successful its 2nd 4th 2025 capitalist letter:

“The strategy received a 24% boost from Veeva Systems Inc. (NYSE:VEEV) which offers cloud-based systems for the beingness sciences industries, from R&D to commercialization. Veeva’s revenues and net bested expectations with immoderate of the strongest dollar-value results successful the company’s history. Commercial subscription gross maturation accelerated, driven by Veeva’s Crossix level that provides anonymized information analytics for wellness attraction marketing. Veeva besides precocious announced caller AI-embedded features for its Vault suite of lawsuit narration absorption applications.”

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Disclosure: None. This nonfiction is primitively published astatine Insider Monkey.