Why Veeva Systems Stock Soared 67% in the First Half of 2020

Veeva Systems (NYSE: VEEV) stock gained 66.7% in the first half of 2020 (January through June), according to data from S&P Global Market Intelligence. The S&P 500 returned negative 3.1% over this period.

This month, shares of the life sciences-focused cloud-based software provider have tacked on 4.5% through July 7, while the broader market has returned 1.5%. In 2020, Veeva stock is up about 74%, making it one of the top-performing large-cap stocks in the healthcare sector.

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Source Fool.com