Zoom: A Decline That Makes Little Sense, Buy Confidently Here (Upgrade)
Zoom(ZM) Seeking Alpha·2024-07-16 00:28
fizkes/iStock via Getty Images While the stock market has supercharged its way to new all-time highs, one major tech stock has been decidedly going the other way: Zoom (NASDAQ:ZM). It's difficult to imagine now that only a few years ago during the peak of COVID, Zoom was once one of the hottest trades on Wall Street. Despite the fact that Zoom still powers the modern fabric of how we work in a hybrid manner today, Zoom remains the pariah of the tech sector. Year to date, Zoom has shed nearly 20% of its ...