Better Cloud Stock: Salesforce vs. Veeva Systems
Salesforce (NYSE: CRM) and Veeva (NYSE: VEEV) both provide cloud-based customer relationship management (CRM) services. Salesforce controls more than a fifth of the global CRM market, according to , while its closest competitors only hold mid-to-low-single-digit shares. Veeva is a much smaller company that mainly provides its CRM services to life science companies.
Yet Veeva probably wouldn't exist without Salesforce. Veeva was founded by Salesforce's former senior VP of Technology Peter Gassner, who still serves as its CEO, and the company still runs some of its services on Salesforce's platform. But over the past 12 months, Salesforce's stock has soared 74% as Veeva's stock has only rallied 39%. Let's see why the market leader outperformed its niche peer by such a wide margin, and if it's still the better buy.
Image source: Getty Images.
Source Fool.com
Gartner Inc. Stock
Based on 8 Buy predictions and 6 Sell predictions the sentiment towards Gartner Inc. is rather balanced.
As a result the target price of 256 € shows a very positive potential of 58.71% compared to the current price of 161.3 € for Gartner Inc..


