BFM Podcast

Zoom Video: Buy, Sell or Hold?

Tan KW
Publish date: Thu, 16 Apr 2020, 02:11 PM

Dan Romanoff, Analyst, Morningstar

16-Apr-20 08:45

Zoom

While some businesses have suffered, others seem to have gained on the back of the demand for video conferencing and virtual communication as people work from home.

Zoom Video Communications has seen its user base grow from 10 million last year to about 200 million users daily but not withouts issues as they have come under increased scrutiny for a series of privacy and security lapses, which has dampened some enthusiasm for the company.

That said, the stock has beat the market risen in recent weeks, is this short sighted or is Zoom the next big thing in tech?

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