2 Stocks to Buy Before the Market Turns Around
Improvements in communication have been one of the most important aspects of technological innovation over the past century. During the COVID-19 pandemic, communication technology was even more critical, as many people were forced to work from home or reduced their in-person contact. This catalyst boosted two stocks, Zoom Video Communications (NASDAQ: ZM) and Twilio (NYSE: TWLO), and sent them soaring.
After the hype surrounding these two stocks eased, they were heavily sold off, despite continued business gains. I believe the market has swung too far in the bearish direction for these two, and long-term investors should use the current sentiment to their advantage to pick up these stocks at a discount.
Zoom, of course, is the video conferencing software that allows businesses to conduct meetings and friends to attend virtual happy hours. While many businesses have required their workers to return to the office and those happy hours now occur in person, Zoom's products have become integrated into many daily business functions.
Source Fool.com
