2 ‘Best of Breed’ Tech Stocks to Accumulate for the Next Bull Market

NASDAQ: EXPE | Expedia Group Inc. News, Ratings, and Charts

EXPE – The market is enjoying a nice bounce off the mid-June lows as the S&P 500 nears the critical 4,000 level. Regardless of what happens in the short term, the market still has to contend with a decline in earnings due to the looming recession. Amid this environment, investors should focus on identifying the best companies with earnings and business momentum that continue to thrive in a difficult environment. Here are 2 such stocks that investors should consider: Veeva Systems (VEEV) and Expedia (EXPE).

The market is enjoying a nice bounce off the mid-June lows as the S&P 500 nears the critical 4,000 level with a plethora of market-moving events on the horizon like a Fed meeting, earnings season, the July jobs report, and CPI. 

Given the market’s bearish trend and these meaningful catalysts, it’s possible to see the market break out higher from these levels or collapse back to the previous lows. Regardless of what happens in the short-term, the market still has to contend with a decline in earnings due to the looming recession. 

Amid this environment, investors should focus on identifying the best companies with earnings and business momentum that continue to thrive in a difficult environment. These ‘best of breed’ stocks are likely to lead us higher during the next bull market, but the preceding bear market is when we can scoop them up at attractive valuations. Here are 2 such stocks that investors should consider: 

Veeva Systems (VEEV - Get Rating)

VEEV is at the intersection of several, bullish booming trends. These include enterprise software, cloud computing, healthcare, and pharmaceuticals. 

The healthcare sector’s growth is fueled by demographics due to an aging population in developed countries all over the world, increased government spending, and the constant stream of innovations that lead to new treatments. Healthcare spending as a share of GDP has risen to 18% in 2020, from under 12% in 1990. 

However, VEEV is actually a software and cloud computing company that comes with more growth and higher margins. Unlike many stocks in the software and cloud space, there are high barriers to entry which means limited competition. For investors, it translates into a deep and wide moat and leads to high rates of recurring revenue. 

Given these positives, it’s not surprising that VEEV has an overall B rating, which translates to a Buy in our POWR Ratings system. It also has an A for Quality as it’s one of the leading stocks in a large total addressable market with only a handful of competitors. 

VEEV also has a B for growth makes sense given its double-digit earnings and revenue growth and positioning at the intersection of two large and growing markets – healthcare and cloud computing. Click here to see more of VEEV’s POWR Ratings including grades for Value, Momentum, and Stability.

Expedia (EXPE - Get Rating

EXPE is one of the largest online booking companies in the world. It operates through multiple segments including Expedia, Vrbo, Hotels.com, Orbitz, Travelocity, and Wotif. In addition, it offers a range of travel and non-travel verticals, including corporate travel management, airlines, travel agents, online retailers, and financial institutions.

Like many travel stocks, EXPE is seeing a huge surge in revenues and bookings due to people’s pent-up demand for travel. However, the stock price has languished due to the market’s concern of a slowdown and potential recession. Long-term investors can look past this and focus on the overall growth of the online booking sector. 

Its combination of growth and value makes the stock quite attractive. EXPE has a forward P/E of 10.2 which is significantly cheaper than the S&P 500. More impressive is analysts’ forecast of $9 per share in earnings in 2023 and P/FCF of 4.

These are among the major reason why EXPE is rated a B which equates to a Buy rating. The POWR Ratings are calculated by considering 118 distinct factors, with each factor weighted to an optimal degree. B-rated stocks have posted an average annual performance of 21.1% which compares favorably to the S&P 500’s average annual 8.0% gain. 

Click here to see EXPE’s complete POWR Ratings.

9 “MUST OWN” Growth Stocks

What makes them “MUST OWN“?

All 9 picks have strong fundamentals and are experiencing tremendous momentum. They also contain a winning blend of growth and value attributes that generates a catalyst for serious outperformance.

Even more important, each recently earned a Buy rating from our coveted POWR Ratings system where the A rated stocks have gained +31.10% a year.

Click below now to see these top performing stocks with exciting growth prospects:

9 “MUST OWN” Growth Stocks

Want More Great Investing Ideas?

3 Stocks to DOUBLE This Year


EXPE shares rose $2.07 (+2.12%) in premarket trading Wednesday. Year-to-date, EXPE has declined -44.78%, versus a -16.35% rise in the benchmark S&P 500 index during the same period.


About the Author: Jaimini Desai


Jaimini Desai has been a financial writer and reporter for nearly a decade. His goal is to help readers identify risks and opportunities in the markets. He is the Chief Growth Strategist for StockNews.com and the editor of the POWR Growth and POWR Stocks Under $10 newsletters. Learn more about Jaimini’s background, along with links to his most recent articles. More...


More Resources for the Stocks in this Article

TickerPOWR RatingIndustry RankRank in Industry
EXPEGet RatingGet RatingGet Rating
VEEVGet RatingGet RatingGet Rating

Most Popular Stories on StockNews.com


Investors Remain “Cautiously Optimistic”

The S&P 500 (SPY) has made great advances since the lows of early April. Yet seem to be stuck under resistance at 6,000. What happens next depends on tariff talks. So let’s talk about the latest news on that front.

Bull Market Til Proven Otherwise

The phrase that paid for investors in 2025 was “Bull market til proven otherwise” Steve Reitmeister explains why in his latest market update and preview of top stock picks.

Investor Alert: Mission Accomplished?

The S&P 500 (SPY) has broken out above the 200 day moving average. Does that mean that bear market fears are now over? And should investors be riding the bull to new heights? Read on for Steve Reitmeister’s answer...

Stock Market Update: It’s Complicated!

The S&P 500 (SPY) may have bounced 17% from recent lows, but the outlook for stocks from here is...in a word...COMPLICATED. Read on to get Steve Reitmeister full market outlook and trading plan for this complicated market environment.

Becoming More Bullish on Stocks, But...

Stocks are on a roll with the S&P 500 (SPY) up more than 10% from the recent lows. Before you start getting too giddy, you should read this updated market outlook and trading plan Steve Reitmeister.

Read More Stories

More Expedia Group Inc. (EXPE) News View All

Event/Date Symbol News Detail Start Price End Price Change POWR Rating
Loading, please wait...
View All EXPE News