Better Buy: Veeva Systems vs. Salesforce
Last May, I compared two cloud-based customer relationship management (CRM) companies: Veeva Systems (NYSE: VEEV), which mainly caters to life science companies, and salesforce.com (NYSE: CRM), its longtime partner, which serves a wider range of industries.
At the time, I claimed Veeva's wider moat and stronger GAAP profits made it the better investment. Since then, Veeva's stock price has risen over 60% as Salesforce's stock price has advanced about 35%. But will my thesis hold up throughout the rest of the year? Let's take a fresh look at both cloud-based companies to decide.
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Source Fool.com


