Veeva Systems (NYSE: VEEV)
Veeva Systems provides a cloud-based platform for the life sciences industry. The company serves more than 1,000 customers ranging from the world’s largest pharmaceutical companies to smaller biotechnology firms. For its fiscal 2024 (FY2024) ending 31 January 2024, Veeva saw its revenue rise 9.7% year on year to US$2.4 billion. Gross profit increased by 9.1% year on year to US$1.7 billion while net profit climbed 7.8% year on year to US$525.7 million. The business also generated a positive free cash flow...The investment world is split up into two main camps – growth investors and income investors.
Income investors seek the stability of companies that pay out a consistent dividend.
Growth investors, on the other hand, look for capital gains arising from an increasing share price.
Growth stocks deserve a place in every investor’s portfolio as they can help you grow your money to better prepare yourself for retirement.
Here are four US growth stocks that can lift your investment portfolio’s value over time.