Is Zoom Video Stock a Buy Now?
Most investors know about Zoom Video Communications (NASDAQ: ZM). When the pandemic hit in 2020, it seemed like everyone around the world started using the product for online communications with friends and co-workers. But now, with the pandemic heading into the rearview mirror and many people returning to in-person meetings, investors are nervous about Zoom stock. In fact, over the last 12 months, Zoom stock has fallen 60%, while the S&P 500 is up 15%.
But if we look deeper into how Zoom's business has performed over the past year, it is a lot healthier than the stock price might indicate. Does that make Zoom stock a buy right now?
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Source Fool.com
