How To Buy Stock In Zoom

Currently zoom is trading at 174x its median eps estimate.

How to buy stock in zoom. Zoom stock was expensive prior to the pandemic and shares are even pricier today. Zoom video communications is a relative newcomer to the public company sphere. 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. When you re ready to buy zoom stock you have to give the broker an order type.

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. Search for zoom zm stock. Zoom stock broke out on feb. Look up zoom by typing the ticker symbol zm into the search box. Index funds and etfs track a market index and allow you to hold stock in hundreds of.

Zoom stock nearly doubled amid the coronavirus sell off. The company s initial public offering ipo occurred in april 2019 and within 2 months the stock increased by. 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. Of course no stock investment is without risk. 18 from a cup with handle buy point of 93 40 as the coronavirus pandemic began to spread globally.

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. On a trailing basis the stock is trading at a price to sales ratio of 85 more expensive. Should you buy one of this year s biggest gainers or take your money and run away. There is no price guarantee with this type of order. Founded in 2011.

One way to invest in zoom and diversify at the same time might be to buy an index fund or exchange traded fund.