Could This Healthcare SaaS Stock Be the Next Veeva Systems?
It costs next to nothing to give a new customer access; upgrades are the norm; and wide moats form via both high switching costs and network effects. It's no wonder, then, that Veeva Systems (NYSE: VEEV) -- a SaaS company that caters primarily to large pharmaceutical players -- has seen its stock return more than 1,100% in the past five years. Today, we'll examine Health Catalyst (NASDAQ: HCAT), a SaaS company that aims to partner with hospitals and other healthcare organizations to improve outcomes.
