3 Stocks Soaring More Than 30% in 2020 That Are Still Great Buys Today
The S&P 500 is down 10% this year, and that's after rallying from a big crash in March that saw it fall as much as 30%. The coronavirus pandemic has sent many stocks into freefall, and for good reason -- many companies have had to cut back their operations and lay off workers due to restrictions and lockdowns.
But not all businesses are struggling. The three stocks listed below are still in good shape and are actually up by more than 30% in 2020. Investors should consider buying these stocks that are poised for even bigger gains this year.
Veeva Systems (NYSE: VEEV) stock is up 42% this year, largely thanks to its cloud business. The healthcare stock offers cloud-based products and services geared toward biopharmaceutical companies and healthcare providers. Its two key products are Veeva Vault and Veeva Commercial Cloud. The former helps companies manage and integrate their content and information safely, and the latter includes a suite of customer relationship management (CRM) applications.
Source Fool.com
