Why Zoom’s Spectacular Run May Come to an End

By Jody Chudley Zoom Video Communications (Nasdaq: ZM) has been nothing short of a stock market sensation in 2020.
It entered the year at $68. Now it trades for more than $480.
That is what we call a “seven-bagger” in this business.

If you owned $10,000 worth of Zoom shares on January 1, those shares are now worth more than $70,000.
I most definitely wish I had owned shares of Zoom on January 1 and held through today…
But if I did, I can tell you the first thing I would do…
I would sell them. Immediately.
Zoom’s Spectacular Run
I don’t dislike Zoom’s business. Quite the contrary, actually.
Zoom produces what …read more

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