Is Veeva Systems a Buy on the Dip?

Veeva Systems (NYSE: VEEV) is a cloud-based data management service provider focused on the life sciences industry, and there really is a lot to manage. From customer relationship management to regulatory compliance management, there really aren't any competitors geared to the same businesses.

Shares of the cloud service provider have tumbled about 15% since reaching a peak in July, but they still aren't cheap. Is now a good time to buy Veeva Systems, or is the recent dip a sign of more trouble ahead? Here's what you need to know.

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Source Fool.com