VEEV exceeded expectations again despite a somewhat maturing market. Showing again the disruptive nature of the cloud for those few companies who know how to exploit it for profit, and thereby making customer’s lives easier, more enjoyable, and more profitable themselves.
We discussed some cloud companies a few weeks ago. It seems to me that it is not a bad idea, to find stocks likely to outperform (and perhaps by quite a bit) the market, is to focus on cloud disruptions and only buy the leaders therein and hold them. At least until it is time to sell them…hopefully quite a few years down the road.
I’ve heard of worse strategies.