Zoom Stock is Down: Still Overvalued, or a Buy at Recent Prices?
Shares of Zoom Video Communications (NASDAQ: ZM) have lost more than 27% of their value since mid-October. Investors have seemingly concluded that the company, whose namesake product has become synonymous for the entire industry, is set to cede much of its growth in a post-pandemic world.
But even with the recent sell-off, Zoom shares are stillup an incredible 504% in 2020. There's no getting around the fact that this is a very richly valued company by almost any valuation metric. On the Nov. 10 edition of "The Wrap" on Motley Fool Live, host Jason Hall and Motley Fool Contributors Danny Vena and Brian Feroldi discussed Zoom's prospects going forward.
Source Fool.com
