3 No-Brainer Stocks to Buy in Tech
The coronavirus has thrown some businesses into crisis mode. Brick-and-mortar retail shops, airlines, and restaurants are all trying to figure out how to survive during this challenging time.
But many technology companies seem to be immune from this pandemic and are attracting more customers as enterprises look to enable their now-remote workforces. Three no-brainer tech stocks that are poised to benefit as companies accelerate plans for a cloud-based digital future are Veeva Systems (NYSE: VEEV), Okta (NASDAQ: OKTA), and Arista Networks Inc (NYSE: ANET).
As cloud software started to become mainstream, Veeva CEO and co-founder Peter Gassner realized that there weren't quality software solutions for the highly regulated life sciences industry, so he started the company in 2007. Since then, it's become a $1.1 billion revenue run-rate business focused on life science customers, and it's now using its expertise to move into new regulated-industry verticals. The company has set a course to achieve $3 billion in annual revenues by 2025 and has plenty of optionality to make that happen.
Source Fool.com
