Software-as-a-service (SaaS) stocks rose in prominence in 2020 as the world’s workforce moved to work from home.
But SaaS is not a new idea.
In fact, we picked our first SaaS stock, Veeva Systems (NYSE: VEEV), back in late September 2017 during our stint at the Motley Fool.
Back then, SaaS stocks were starting to gain attention in the stock market.
Among the choices available, we decided to select Veeva, one of the most promising businesses that we found for SaaS.
Today, we are happy to report that those shares are up close to 350% since we made our pick.
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