Michael Burry just went long on three beaten-down software stocks
Adobe: $Adobe(ADBE.US) — down 30% YTDAutodesk: $Autodesk(ADSK.US) — down 22% YTDVeeva: $Veeva Systems -CL(VEEV.US) — down 29% YTDThesis: "The credit side for software is not large enough to continue driving these stocks lower for much longer"
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