3 Great Reasons to Buy Zoom Stock

Zoom Video Communications (NASDAQ: ZM) was a market darling in 2020, but lately it has been mostly forgotten.

After the stock soared nearly 400% last year, shares are now flat year to date in 2021, lagging the S&P 500. With many Americans now vaccinated and economies around the world starting to reopen, Zoom is no longer in vogue like it was at the height of the global health crisis.

But following the video-conferencing specialist's first-quarter report, investors were reminded of several reasons why Zoom is still a great stock to own. Let's take a look at three of them.

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Source Fool.com