Is Veeva Systems Stock a Buy Now?

Alex Carchidi, The Motley Fool
·4 min read

Information technology businesses can be especially good investments when they market their products to the healthcare sector. Veeva's software platform enables life sciences companies to keep track of their data across a significant portion of the value chain, including clinical trial data and clinical operations management, manufacturing quality control, and information related to regulatory submissions. Its services integrate everything from pre-clinical laboratory information systems to medical and commercial customer relationship management (CRM) systems under one hood for its clients, and it offers consulting services, too.

Continue reading
  • Up next
  • Up next
  • Up next
  • Up next

Latest Stories

  • Netflix 'Rebel Moon — Part Two: The Scargiver': Zack Snyder on 'outrageous' critical response to films

    Zack Snyder has legion of supporters, but just as many harsh critics for Rebel Moon — Part Two: The Scargiver on Netflix.

  • Butler Hall Capital urges Vanda to engage in sales discussions

    On April 17, Vanda rejected a takeover proposal from Future Pak and adopted a shareholder rights plan to reduce the likelihood of a hostile takeover. Vanda had said Future Pak, a privately held contract manufacturer and packager of pharmaceutical products, had made an offer of $7.25 to $7.75 per share in cash, which significantly undervalued the company and was not in the shareholders' best interest.

  • Extremist Israeli settlers hit by EU and US sanctions

    Far-right group Lehava and several individuals accused of violence targeted in dual announcements

  • September Fed cut will help ease mortgage rates: Economist

    Thirty-year mortgage rates have hit above 7% with some experts believing it could hit 8% pretty soon. With US housing pricing and demand remaining high while supply remains low, it seems hopeless for many potential homebuyers. Mortgage Bankers Association Chief Economist Mike Fratantoni joins Wealth! to give insight into the housing market and why home buyers should have a little hope on the horizon as he believes mortgage rates will gradually decline. Fratantoni explains that he feels confident the Federal Reserve will cut interest rates this year, which will trickle down into the rest of the economy: "Mortgage rates, which I'll call it 7.25 [percent], in the most recent data, we think will be down to about 6.5 [percent] by the end of the year. It really is going to be reflecting a gradual slowdown in the strength of the economy and we expect the unemployment rate is going to rise not very much. We know they are calling for a recession but we do think there is going to be enough of a slowdown that the Fed should feel comfortable cutting rates by September of this year." For more expert insight and the latest market action, click here to watch this full episode of Wealth! This post was written by Nicholas Jacobino

  • Potential jurors express anxiety about deciding Trump hush money case as jury selection nears close

    NEW YORK (AP) — Potential jurors expressed anxiety Friday about deciding Donald Trump’s hush money case, with one woman breaking down in tears, as lawyers worked to round out the panel that will hear the first-ever trial of a former U.S. president. After a jury of 12 New Yorkers was seated Thursday, lawyers turned their attention to picking alternates who can vow to impartially judge the presumptive Republican presidential nominee. Two more alternates were chosen Friday, with four others still n

  • Canadian influencer Sarah DeMelo says 'cancer really does change your life' as she marks 1 year since diagnosis

    A year after her cancer diagnosis, Sarah DeMelo has a "whole new outlook" on life, she says.

  • Jets GM Joe Douglas calls QB Zach Wilson an 'asset.' But the team remains open to trading him

    FLORHAM PARK, N.J. (AP) — Zach Wilson remains a member of the New York Jets. For now, at least. General manager Joe Douglas was non-committal on the future of the quarterback, who received permission by the Jets during the offseason to seek a trade after a disappointing three years since being the No. 2 overall pick in the NFL draft. “Zach is an asset and at that same time we’re obviously open to trading Zach,” Douglas said Thursday during his annual predraft news conference. “There have been di

  • Irish premier ‘eager to be in a position to apologise’ over Stardust tragedy

    Simon Harris said he hopes to meet with the families on Saturday.

  • BNSF Railway says it didn't know about asbestos that's killed hundreds in Montana town

    HELENA, Mont. (AP) — BNSF Railway attorneys are expected to argue before jurors Friday that the railroad should not be held liable for the lung cancer deaths of two former residents of an asbestos-contaminated Montana town, one of the deadliest sites in the federal Superfund pollution program. Attorneys for the company say the corporate predecessors of the railroad, owned by Warren Buffett’s Berkshire Hathaway conglomerate, didn't know the vermiculite they hauled over decades from a nearby mine

  • UPDATE 1-Mexico's Galvez says Pemex should focus on exploration, consider geothermal business

    Mexican opposition presidential candidate Xochitl Galvez on Friday said state oil firm Pemex should focus on its exploration arm and could look at new business opportunities, such as geothermal energy. "Pemex should start entering into the (broader) energy sector," Galvez said, speaking at a banking convention in Acapulco on the country's Pacific coast. Separately, Galvez said a scrapped Texcoco airport project could be used to store and process water for the capital, which is facing water shortages, and that a joint customs agency could be set up with the U.S. to tackle gun and drug trafficking.

  • Mother defends asking birthday party guests to bring money for yard work instead of gifts for her daughter

    ‘Never host a party and ask for money!!’

  • Report suggests little progress in first year of Alberta's emissions reduction plan

    EDMONTON — A survey from a clean energy think-tank says Alberta has done little to implement its plan to reduce its greenhouse gas emissions. The Pembina Institute has examined the measures included in the province's plan released one year ago. It says it found no evidence the government has begun the sort of public consultations required to move Alberta's economy towards the goal of net zero emissions. Despite the plan's promise to keep reducing Alberta's methane emissions, the institute points

  • IMF urges Bank of Japan to tread cautiously in raising interest rates

    The Bank of Japan (BOJ) must tread cautiously in raising interest rates, as some indicators of inflation expectations remain short of its 2% target, the International Monetary Fund's Japan mission chief Nada Choueiri said on Friday. Choueiri told Reuters that a weak yen had a net-positive impact on Japan's economic growth, and signaled the IMF's preference for the country to allow exchange rates to move flexibly.

  • A first for state water board: Probation for Tulare Lake subbasin, will require pump flow meters

    Water board member said the move was needed because “we don’t have a choice.”

  • 7 best things to do in Colorado this weekend: April 19-21, 2024

    Every weekend, Denver7 compiles a list of some fun events you might enjoy. Here are our picks for the 7 best things to do in the Denver metro area and beyond this weekend

  • Voices: I’m a comedian – here’s how I detoxified my masculinity (and you can too)

    COMMENT: Just because you lift weights and take care of your body doesn’t automatically make you a toxic male, writes comedian Robin Morgan. Just look at Joe Wicks and Bukayo Saka...

  • Short sellers recoup losses as rally in US stocks loses steam

    Short sellers have been raking it in over the last 30 days as receding bets of an early interest rate cut by the U.S. Federal Reserve triggered a selloff in the equity market. Traders have made a mark-to-market profit of more than $25 billion up to Thursday from covering their short positions, said Ihor Dusaniwsky, managing director of predictive analytics at S3 Partners, more than erasing their $14.8 billion in losses so far this year. The current weakness in the market allows them to cover a portion of those heavy losses.

  • Biden administration restricts oil and gas leasing in 13 million acres of Alaska's petroleum reserve

    JUNEAU, Alaska (AP) — The Biden administration said Friday it will restrict new oil and gas leasing on 13 million acres (5.3 million hectares) of a federal petroleum reserve in Alaska to help protect wildlife such as caribou and polar bears as the Arctic continues to warm. The decision — part of a yearslong fight over whether and how to develop the vast oil resources in the state — finalizes protections first proposed last year as the Democratic administration prepared to approve the contentious

  • US House pushes ahead with $95bn foreign aid package for Ukraine, Israel and Taiwan

    Coalition of lawmakers helped legislation clear procedural hurdle to reach final votes, following opposition from rightwing Republicans

  • Emma Raducanu vs Iga Swiatek LIVE: Updates and scores from Tennis Grand Prix quarter-finals in Stuttgart

    The 21-year-old Brit has returned to form but now faces the world No1 in the last eight of the Porsche Grand Prix