Jim Cramer on Veeva: "Let's Stay Away"

Veeva Systems Inc. (NYSE:VEEV) is one of the stocks Jim Cramer recently commented on. During the episode, a caller asked for Cramer’s thoughts on the stock, and he said:

“Okay, it’s very controversial because what’s happened is that it was knocked several times in the Salesforce call. Salesforce was very successful. It makes me feel like, wait a second, we got to, I don’t want to be in Veeva right now, not with the way that Salesforce took them on and… talked about winning some huge clients from Veeva. Let’s stay away.”

Veeva Systems Inc. (NYSE:VEEV) provides cloud software for life sciences companies and offers tools for CRM, medical content, digital asset management, analytics, clinical operations, regulatory processes, safety, and quality. TimesSquare Capital Management stated the following regarding Veeva Systems Inc. (NYSE:VEEV) in its second quarter 2025 investor letter:

“The strategy received a 24% boost from Veeva Systems Inc. (NYSE:VEEV) which offers cloud-based systems for the life sciences industries, from R&D to commercialization. Veeva’s revenues and earnings bested expectations with some of the strongest dollar-value results in the company’s history. Commercial subscription revenue growth accelerated, driven by Veeva’s Crossix platform that provides anonymized data analytics for health care marketing. Veeva also recently announced new AI-embedded features for its Vault suite of customer relationship management applications.”

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Disclosure: None. This article is originally published at Insider Monkey.