Workday, Veeva higher following positive Cramer mentions

Jim Cramer talked up enterprise cloud software vendors Workday (WDAY +1.2%) and Veeva (VEEV +5%) software during last night's episode of Mad Money.

He thinks Workday's rapid growth gives it more room to run in spite of the big gains it has posted since its Oct. '12 IPO, and suggests Veeva's r life sciences/pharmaceutical sales apps can make companies more efficient. "Who knows how many high-priced non-revenue producing positions that can replace?"

Workday, which was hit by a Cowen downgrade on Wednesday, delivers its FQ3 report on Monday. Veeva, up 97% from its Oct. IPO price of $20 (but down 20% from its high of $49), reports on Dec. 5.

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Comments (1)
  • Momintn
    , contributor
    Comments (6116) | Send Message
    Cramer is a blubbering fool.
    2 Dec 2013, 06:32 PM Reply Like
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