Better Buy: Zoom Video Communication vs. Cisco
You've probably heard about the impressive coronavirus-induced surge in the use of video communication solutions such as Zoom Video Communications' (NASDAQ: ZM) Zoom Meetings and Cisco System's (NASDAQ: CSCO) Webex. That boost may become a secular long-term growth trend as users are discovering the benefits of these tools.
However, that doesn't mean you should invest in both companies to capture that opportunity. These tech players correspond to very different investment strategies.
Zoom CEO Eric S. Yuan isn't new to video communications. He's one of the founding engineers of Webex, which Cisco acquired in 2007. He founded Zoom in 2011 after he left Cisco when he became frustrated with the tech giant's slow response in simplifying Webex. With Zoom's emphasis on making users happy, he seems to have built a video solution that proves him right. And there's a lot for investors to like, too.
Source Fool.com
