Zoom Video Communications, Inc. is a United States-based provider of video and Web conferencing services. The Company unifies cloud video conferencing, online meetings, group messaging and a software-defined video conference room solution into one platform.
Zoom Video rockets to nosebleed valuation after IPO, but CEO says he is ‘comfortable’ with it Zoom Video Communications Inc. shares skyrocketed to rare heights Thursday after the videoconferencing company launched its initial public offering, potentially giving Zoom the highest valuation relative to its sales on Wall Street. Zoom Video ZM, +78.56% priced 20.9 million IPO shares
Anyone thats Savvy with that finviz want to get a ZM thread posted? Im thinking they are worth being discussed here. It came to my attention a month or so ago. Looks like a great company, but has been drilling ATH since. Not ideal for value investing, but i do think they have room to run, long term. Thoughts from any of the savvy members? Apologies if there is already a thread on it. I tried searching but found no existing thread. edit. Its a virtual meeting company. In the wake of covid, tele conferencing has exploded. I think they are the leaders. The things they can do for meetings is pretty nice. I have a friend that has been using them and keeping me posted from a user perspective. She is in love with them.
It's here: https://stockaholics.net/threads/zm-zoom-video-communications-inc.8239/ For me, this has run too far already this year for an entry now. As long as investors keep feeling optimistic, this could keep going up.
Thank you! Awesome as always, @anotherdevilsadvocate . Eh. Yeah. Im in the same boat. Didnt see any discussion though. But they are on my radar now.
COVID hysteria is driving this stock higher. Better get in on the action now. Miraculously COVID will be as common as the flu after the election.
New user here. Felt the need to post since I want to know what you guys think about buying this stock right now. I made some research but am still unsure if this will rise again (all signs regarding Covid19 seem to show that Zoom will have a new big leap but I am a little uneasy about buying now). How do you feel about it?
i'm watching it, but don't like to buy when moving in a downward direction. wait for it to turn upward.
Bought some today, will see if I can sell tomorrow at market opening - I saw this stock has a rising trend at open market. If not, I will wait and buy some more when it further dips.
I'm intrigued by their idea of doing concerts via Zoom. Wonder how many people they can get into that call though.
What's the idea here? Personally, it's less convenient having to read something because you've always got to keep your eyes on the text. Are you talking about a transcriber like youtube videos have?