Veeva Systems Inc. (VEEV): Michael Burry Admires This Software Stock

We just covered the Michael Burry Stock Portfolio: Top 8 Stock Picks in 2026 and Veeva Systems Inc. (NYSE:VEEV) ranks 3rd on this list.

In April, Michael Burry told his followers on Substack that he had bought a position in Veeva Systems Inc. (NYSE:VEEV) that was slightly larger than a low normal position he had bought in another software company. The admission was part of a larger note on the struggling software companies and the AI craze on Wall Street. Burry is taking a position in these stocks even as AI disruption triggers a selloff in this sector. Investors are backing artificial intelligence winners, there is mega-cap momentum, and the market has been salivating at the prospect of increasing computing power. In this broader context, the legacy software and payments names have been struggling to attract stock market capital.

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However, Michael Burry thinks that companies like Veeva Systems Inc. (NYSE:VEEV) have been hit by fear, forced selling and broad skepticism rather than any issue with the actual fundamentals. The disconnect, between the thesis provided by Burry, and the Wall Street bears, is where the money can be made. Veeva provides cloud-based software for the life sciences industry in North America, Europe, the Asia Pacific, the Middle East, Africa, and Latin America. Burry wrote that he believed a “reflexive positive feedback loop” was the principal reason why software stocks were trending lower. The drop in share prices, the stress from debt connected to software companies, and the nervous positioning all seemed to have fed into each other.

While we acknowledge the risk and potential of VEEV as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than VEEV and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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