Zoom stock commands a market cap of more than $48 billion, towering over its sub-$1 billion in expected sales this year. You’ll get the name & ticker of Matt McCall’s top pick when you tune in to his FREE event. Unlike many of its tech company peers, Zoom is … Once companies see the savings from having staff work at home, many won’t be coming back. There are a handful of stocks that are benefiting from the new world created by the novel coronavirus. But I think the answer is simple: No, Zoom is not a sell once Covid-19 fades. All rights reserved. As we get back to a state of normalcy, that’s a fair question. It’s true that, as Zoom CEO Eric Yuan says, the coronavirus from China is going to “change the landscape” of work. Zoom stock commands a market cap of more than $48 billion, towering over its sub-$1 billion in expected sales this year. 2020 InvestorPlace Media, LLC. Twitter (NYSE:TWTR) and Square (NYSE:SQ) have already committed to allowing their workers to work from home as long as they want. Should I buy Zoom Video Communications, Inc. (ZM)? Financial Market Data powered by FinancialContent Services, Inc. All rights reserved. Facebook (NASDAQ:FB), Visa (NYSE:V) and Alphabet (NASDAQ:GOOGL, NASDAQ:GOOG) have said that those who can work remotely can do so through year-end. Copyright © 2020 InvestorPlace Media, LLC. As bad as it sounds, there are a handful of stocks that are benefiting from the outbreak of Covid-19. That bodes well for sustained growth. On the earnings front, analysts expect profit of 43 cents per share this year, followed by 53 cents per share in FY 2022 (next year). In a go-go market, where everyone is looking for growth, you grab that rocket ship and hang on. When everyone around you is panicking, however, you don’t pay 19 times revenue for anything. 1125 N. Charles St, Baltimore, MD 21201. Oil prices started March 9 were 23% below where they were a day before. , essays on technology available at the Amazon Kindle store. His latest book is Technology’s Big Bang: Yesterday, Today and Tomorrow with Moore’s Law, essays on technology available at the Amazon Kindle store. Jet fuel is costing $1.60 per gallon out to 2023. “To every thing there is a season, and a time to every purpose under the heaven.” (A lot of investors are going to be on their knees this week.). Inconceivable doesn’t mean what they think it means. If it can double revenue in fiscal 2021, that may bring it close to the current price, because it would only be selling for 9 times revenue, not 18.

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