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VEEV - Project $1M: Stunning April Due To Amazon ServiceNow & Facebook
Veeva Systems Inc. Class A
April was a welcome reprieve for the Project $1M portfolio. After the large drubbings in February and March, April erased much of the losses of those last couple of months, enabling the portfolio to finish April firmly in the black on a year-to-date basis.
The Project $1M portfolio finished April up 15%, compared to 13% for the S&P 500 (SPY). This was easily the best month for Project $1M certainly for the last 12 months and likely since inception. No position was down for the month, with many such as Veeva (VEEV