Zoom Video: Buy, Sell or Hold?
Dan Romanoff, Analyst, Morningstar
16-Apr-20 08:45
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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 its popularity has not been without issues. 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 in recent weeks. Is this short-sighted or is Zoom the next big thing in tech?
Produced by: Shazana Mokhtar
Presented by: Roshan Kanesan, Noelle Lim, Khoo Hsu Chuang
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Categories: Technology, Tech, Medical Innovation and Technology, Investments
Tags: pandemic, Zoom, meeting, concall, work, video conference, virtual communication, business, work from home,