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Many cloud-based SaaS (software as a service) stocks have surged over the past few years as companies have pivoted from locally-installed software to subscription-based services. That's because SaaS solutions are generally easier to scale, more cost effective, and more secure than local software. There are plenty of SaaS companies to choose from, but I believe one stands out from the pack: Veeva Systems (NYSE:VEEV). Here's why I believe this stock is headed much higher over the next few years. Image source: Getty Images. Veeva was co-founded by Peter Gassner, salesforce.com's former senior ...

Zendesk (NYSE:ZEN). Both cloud service companies remained resilient throughout the COVID-19 crisis, but I believed Veeva's wider moat, better profitability, and lower valuation made it a better buy than Zendesk. Veeva's stock has risen about 40% since then, but Zendesk's stock surged more than 70%. Let's take a fresh look at both stocks to see why Zendesk defied my expectations -- and whether or not its stock still has room to run in 2021. Image source: Getty Images. The CRM children of Salesforce Veeva and Zendesk both offer cloud-based CRM (customer relationship management) services. Both c...