Three Fool.com contributors think Veeva Systems (NYSE: VEEV), Spotify (NYSE: SPOT), and Alphabet (NASDAQ: GOOGL)(NASDAQ: GOOG) are worth some of your money right now. Nicholas Rossolillo (Veeva Systems): First off, I need to acknowledge my pick is no value. On the contrary, cloud computing technologist Veeva Systems trades for 31 times trailing-12-month revenue and 28 times expected fiscal year 2021 (the 12 months ended Jan. 31, 2021) revenue.
XPO Logistics (NYSE: XPO) was a top-performing stock during the last decade, but shareholders have been taken on a bumpy ride this year. The company has changed course twice in 2020 as the COVID-19 pandemic wreaked havoc on operations and strategy.
The 34% the benchmark S&P 500 lost in under five weeks represents the quickest bear market decline of at least 30% in history. This marked the quickest recovery on record from a bear market bottom to fresh highs. You see, over the past eight bear markets dating back to 1960, there have been a grand total of 13 corrections ranging between 10% and 19.9% within three years.