Alphabet and Veeva Systems are recommended as long-term growth stocks with potential beyond 2025.
From Nasdaq: 2024-12-12 04:07:00
In 2024, the stock market thrived despite economic challenges and geopolitical tensions. Investors are encouraged to consider long-term investments. Alphabet’s stock rose by 25% this year, despite facing antitrust issues. Veeva Systems, specializing in cloud services for the life sciences industry, saw a 13% revenue increase in Q3. Both companies offer growth potential beyond 2025.
Alphabet’s performance remains strong despite antitrust challenges. Revenue grew by 15% in Q3, reaching $88.3 billion, with EPS up 37% year over year. The company’s AI initiatives drive revenue growth and cost reduction, positioning Alphabet as a leader in AI and cloud computing. Despite legal battles, Alphabet remains a top long-term investment.
Veeva Systems’ niche focus on cloud services for the life sciences industry sets it apart. With 13% revenue growth in Q3, the company serves major drugmakers like Eli Lilly. Veeva Systems benefits from switching costs and aims to capture more of its $20 billion total addressable market, offering strong growth potential for investors.
Investors are presented with a unique opportunity to invest in upcoming “Double Down” stock recommendations. Companies like Nvidia, Apple, and Netflix have shown significant returns in the past. This is a chance to invest in potential high-growth stocks before they take off. Don’t miss out on this opportunity to potentially maximize your returns.
Read more at Nasdaq: 2 No-Brainer Growth Stocks to Buy and Hold Through 2025 and Beyond
