While this stock is not yet hitting a 12 month high it does seem to be headed higher. The next eBay type platform for the pharmaceutical industry? Price $65.80 @ 24 July 17 Jul-22-17 12:03PM 10 Reasons to Buy Veeva Systems Inc. Stock and Never Sell Motley Fool Jul-20-17 03:30PM 3 Stocks That Look Just Like eBay in 1998 Motley Fool Jul-18-17 07:03AM Veeva Turns the Tables in Fight Over Tech Hiring Barriers Bloomberg Jul-18-17 07:03AM Veeva Systems Files Suit to Fight Unfair Business Practices That Limit Employee Rights Business Wire
Sounds very interesting - if half as successful as eBay this could be a multi-bagger! The graph appears to show consolidation around about this level - getting ready for the next big push?
I remember Amazon and eBay in the early days - life was not easy but look at them now, especially Amazon! Still worth keeping an eye on this one.
Seems to be back in favour again, next challenge is $65. It would be very positive if the shares broke through that level. Price $63.77 @ 16 August 17
Introduced to the forum back in July 2017 at a price of $65.80, the share price has performed extremely well, especially over the last few weeks. Could this be the new eBay? There are some extremely positive comments from brokers and the press: https://news.google.com/search?q=veev&hl=en-GB&gl=GB&ceid=GB:en
While eBay has shown there is a very healthy market for its business model, few competitors have hit anywhere near the highs of eBay. However, taking just a relatively small share of eBay’s market could be a game changer for some companies. Is Veeva the one that will benefit most? The share price is suggesting good things are ahead.
Now, this one I would buy on the dips Keeping a very close eye on this one - a buy in the low $90s IF it falls that far. Partial retracement is inevitable after a rise like this.
No stopping this one - seems to have moved through the last major resistance. Only potential downside would be a stock market correction which would hit perceived growth stocks hardest. Buy on weakness? But will there be any?
Growth has slowed in the short term but the company will be launching a number of new services very very soon:- https://seekingalpha.com/article/4209786-veeva-analyzing-future-growth-drivers Worth a look at again?
