How To Buy A Zoom Stock

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How to buy a zoom stock. Zoom stock was expensive prior to the pandemic and shares are even pricier today. Should you buy one of this year s biggest gainers or take your money and run away. Zm in this case. Index funds and etfs track a market index and allow you to hold stock in hundreds of. Founded in 2011.

Zoom stock nearly doubled amid the coronavirus sell off. Whether or not zoom stock is a good buy depends on its growth potential as well as the price people are willing to pay for its growth. One way to invest in zoom and diversify at the same time might be to buy an index fund or exchange traded fund. Zoom video communications is a relative newcomer to the public company sphere. Currently zoom is trading at 174x its median eps estimate.

Look up zoom by typing the ticker symbol zm into the search box. The company s initial public offering ipo occurred in april 2019 and within 2 months the stock increased by. Zoom stock broke out on feb. Search for zoom zm stock. The whole process can take as little as 15 minutes.

Of course no stock investment is without risk. On a trailing basis the stock is trading at a price to sales ratio of 85 more expensive. 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. Zm stock soared in march as the corporate shift to work from home. Zoom rooms is the original software based conference room solution used around the world in board conference huddle and training rooms as well as executive offices and classrooms.

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. Click trade in the top right corner of the zoom page.