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Is Veeva Systems Stock a Buy?

·4 min read
Is Veeva Systems Stock a Buy?
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Veeva Systems' (NYSE: VEEV) stock price fell 5% following the release of the company's second-quarter earnings report on Sept. 1, even though the cloud-based services company beat analysts' estimates and raised its full-year guidance. For the full year, Veeva expects its revenue and adjusted earnings to increase by 25% and 21%, respectively. Should investors ignore the near-term volatility and buy Veeva's post-earnings dip?