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Stock impact report

Why Veeva Systems Deserves Its Premium Valuation [The Motley Fool]

Veeva Systems Inc. Class A (VEEV) 
Last veeva systems inc. class a earnings: 3/3 04:05 pm Check Earnings Report
Company Research Source: The Motley Fool
Why Veeva Systems Deserves Its Premium Valuation Leo Sun ( TMFSunLion Aug 9, 09 at :PM The U.S.-China trade war torpedoed many growth stocks this year, yet shares of Veeva Systems NYSE:VEEV Let's see why the bulls love Veeva and whether the stock still has room to run. What does Veeva do? Cloud services company Veeva was co-founded by Peter Gassner, Salesforce NYSE:CRM Image source: Getty Images. Unlike Salesforce, which offers its CRM services to a wide range of industries, Veeva only offers services to life science companies to help them manage customer relationships, track industry regulations, clinical trials, prescribing habits, and other data. Veeva enjoys a first-mover advantage in this market, where growing competition among drugmakers has boosted demand for real-time, cloud-based data. That's why its growing list of more than 77 customers includes pharma giants like GSK AstraZeneca Novartis Veeva locks in these customers with an expanding ecosystem of additional services, inc Show less Read more
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