Is Zoom Video Communications Stock a Buy?
Zoom Video Communications' (NASDAQ: ZM) stock price dropped to its lowest levels in over three months after the company released its second-quarter earnings report on Aug. 30. The video conferencing software company beat Wall Street's estimates on the top and bottom lines, but its guidance for the third quarter slightly missed analysts' profit expectations and hinted at a post-pandemic slowdown.
Should investors buy Zoom's dip, or should they avoid it as more people physically return to work and school? Let's examine Zoom's growth rates, future plans, and valuations to find out.
Image source: Zoom.
Source Fool.com
