Monday, April 6, 2020

SPOTLIGHT STOCK - Zoom Video Communications (ZM)


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DISCLAIMER: This chart is based on this date. I'm not suggesting a move up or down. I'm showing a chart I'm watching. I'm not recommending this stock as a purchase. Think of it like this, your showing the world thru my eyes and how I see this chart. Period!
SPOTLIGHT Stock of the Week
I ask myself ... "what happen's when a company becomes a VERB?" ... as in "Google that for me" or "FedEx that letter" ... when a company becomes synonymous with something we do ... is that always a good thing?
Zoom Video Communications, Inc. - ZM

UPDATE - Wow, allot can happen in 24 hours ... the CEO of Zoom was on Mad Money last night in a very candied interview and it wasn't good ... this morning (4/7/2020) Zoom is being canceled by countries ... not just companies and schools ... so as ALWAYS do your research if you're thinking of putting ANY money @ Zoom 







Posted - 4/3/2020
Food for thought - Zoom is getting kicks in the ribs right now!! - Zoom has become the runaway winner during this virus crisis (outside of those that do not get the virus or those that did and lived) Zoom Communications has seen its user base JUMP from 20 Million users to 200 Million and to be honest ... I don't even use Zoom (I'm using Google Meet for my video conferencing) but I CALL it that... I'll TEXT my son and say "hey, let's do a zoom" and I send him a Google Meet link... think of the power that commands. It's like Google and Netflix and FedEx ... Kleenex ... names of companies and products that are now so common they are VERBs and might even find themselves in the dictionary for such. ... so I post this today NOT to recommend ZM as a stock purchase, rather instead to get you thinking about the companies that will come out of this virus crisis and who will not ... well, who will REALLY do well vs who will not. I'm not saying Zoom will recover from its recent security issues ... but if I had to guess ... they WILL and its name will still be synonymous with video conferencing ... READ THE RECENT NEWS ... it will be a shaky couple of months with I wonder ... its June earnings will be SO BLOWOUT I wonder if anyone will ever remember today's hiccup ... only time will tell.
NO SKIN in the ZM game but I'm asking myself these questions.

What do you think? Is Zoom a company you'd invest in right now with all its security issues? Post below ... I would love to hear your take on it and I'm sure the others will too  :)


CompanyYahoo SummaryFinvizStock ChartsDividend Channel
N/A
-Zoom Video Communications, Inc.-ZMYahoo Summary-ZMSee Support-ZMView Chart-ZMVerify-ZM
52 Week HighStock Price @ posting52 Week LowAnnual DIVQuarterly DIV
$164.94$120.07$59.94$0.00$0.00
-27.20%% OFF HIGHS / LOWS50.08%


                           

                                        Check Zoom's current stock price here


Disclaimer - No - at the time of this posting I did not own the shares of this equity. and it probably means I've done a Cash Secured Put ... for which if this trade goes against me I *will* own these shares ... I risk my own money on this trade and am accountable for the trade results.
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