How To Buy Stock In Zoom
Zoom video communications is a relative newcomer to the public company sphere.
How to buy stock in zoom. Zoom stock nearly doubled amid the coronavirus sell off. There is no price guarantee with this type of order. Zoom is the leader in modern enterprise video communications with an easy reliable cloud platform for video and audio conferencing chat and webinars across mobile desktop and room systems. Zm stock soared in march as the corporate shift to work from home. This will likely be a market order or a limit order.
Search for zoom zm stock. Index funds and etfs track a market index and allow you to hold stock in hundreds of. In short zoom stock may still be worth buying today as long as the position is kept small and investors plan to hold for five years or more. The company s initial public offering ipo occurred in april 2019 and within 2 months the stock increased by. Zoom stock was expensive prior to the pandemic and shares are even pricier today.
Currently zoom is trading at 174x its median eps estimate. Founded in 2011. Whether or not zoom stock is a good buy depends on its growth potential as well as the price people are willing to pay for its growth. Click trade in the top right corner of the zoom page. Look up zoom by typing the ticker symbol zm into the search box.
Of course no stock investment is without risk. 18 from a cup with handle buy point of 93 40 as the coronavirus pandemic began to spread globally. Should you buy one of this year s biggest gainers or take your money and run away. A market order is an order to buy or sell a stock immediately. On a trailing basis the stock is trading at a price to sales ratio of 85 more expensive.
When you re ready to buy zoom stock you have to give the broker an order type.