Buy Zoom Stock Or Not

But i mean if you look at the growth.

Buy zoom stock or not. Zoom just added more than 60 000 business customers in a single quarter 11 reasons to buy zoom and never sell themotleyfool. In terms of proximity to its 52 week high which is a key factor that our buy hold grade considers zm is positioned unfavorably. Still overvalued or a buy at recent prices. I have not been one for using traditional metrics. Just one number will convince you not to buy zoom stock.

But if you want to buy zoom stock make sure you re buying the right one. Zoom stock is down. Buy hold grade. Zoom video communications cloud native. Zoom went public in march last year and made a strong debut on the tech heavy nasdaq.

There s zoom video communications zm the video conferencing company that most of you are probably at least familiar. The second reason will blow your mind. Metrics like this help explain why zoom s stock is on fire. But it bears repeating. Of course no stock investment is without risk.

Founded in 2011. 3 reasons zoom stock should bounce back there are even better reasons to buy zoom now than there were when the week began. Zoom is overvalued using traditional metrics so are a lot of small fast growing companies. The stock is currently trading 30 7 below its 52 week high of 588 84 which it hit on october 19 th. In short zoom stock may still be worth buying today as long as the position is kept small and investors plan to hold for five years or more.

Zoom is the leader in modern enterprise video communications with an easy reliable cloud platform for video and audio conferencing chat and webinars across mobile desktop and room systems. Spce stock can go to zero. This is not a stock to buy with money an investor can t afford to lose.