Is Zoom Stock Dead With Vaccines Rolling Out?
It's no secret that Zoom Video Communications (NASDAQ: ZM) was the stock to own in 2020. The vast majority of face-to-face interactions worldwide were replaced with the company's application in a matter of weeks. Never before has such a company become so important, so quickly.
But after the stock advanced over 750% in the year ending last October, it has stalled. The reason is clear: With vaccines rolling out worldwide, many are wondering if Zoom's technology will remain in such high demand. That can lead many investors -- especially beginning investors -- to ignore the prospects for Zoom's future.
In this June 14 video from the YouTube channel of Motley Fool contributors Brian Stoffel and Brian Feroldi, you'll see why the long-term story for Zoom could be far rosier than many expect.
Source Fool.com
