Why Veeva Systems (VEEV) is a Top Momentum Stock for the Long-Term

Group 1: Zacks Premium Overview - Zacks Premium offers various tools for investors to enhance their stock market engagement, including daily updates on Zacks Rank and Industry Rank, access to the Zacks 1 Rank List, Equity Research reports, and Premium stock screens [1] - The service aims to help investors become more knowledgeable and confident in their investment decisions [1] Group 2: Zacks Style Scores - Zacks Style Scores are indicators that rate stocks based on value, growth, and momentum characteristics, assisting investors in selecting stocks likely to outperform the market in the next 30 days [2] - Each stock receives a rating from A to F, with A indicating the highest potential for outperformance [3] Group 3: Value, Growth, and Momentum Scores - Value Score focuses on identifying undervalued stocks using ratios like P/E, PEG, and Price/Sales [4] - Growth Score evaluates a company's financial health and future outlook based on earnings, sales, and cash flow [4] - Momentum Score assesses stocks based on price trends and earnings estimate changes to identify favorable buying opportunities [4] Group 4: VGM Score - The VGM Score combines Value, Growth, and Momentum Scores, providing a comprehensive indicator for stock selection [5] Group 5: Zacks Rank and Performance - The Zacks Rank is a proprietary model that leverages earnings estimate revisions to guide investors in portfolio creation [6] - Stocks rated 1 (Strong Buy) have historically produced an average annual return of +25.41% since 1988, significantly outperforming the S&P 500 [7] Group 6: Stock Example - Veeva Systems (VEEV) - Veeva Systems Inc. specializes in cloud-based software applications for the life sciences sector, with products including Veeva CRM and Veeva Vault [10] - VEEV currently holds a 3 (Hold) rating on the Zacks Rank, with a VGM Score of B and a Momentum Style Score of B, having increased 19% in the past four weeks [11] - The Zacks Consensus Estimate for VEEV's fiscal 2025 earnings has risen by $0.06 to $6.21 per share, supported by upward revisions from eight analysts [11][12]