Video: “Yahoo Finance’s Company of the Year: ZOOM”

We are a fan of Yahoo Finance. They have a really nice mainly free website for private investors like us. There surely are a lot of websites with more specific data but Yahoo finance has a very wide varierty. You can find almost anything you need (so far the unsponsored message). Today they have announced the company of the year and it is one of our favorites as well. We started buying this stock in April this year right in the first corona lockdown perod and it has rissen quit well since. Also we believe that video conferencing is here to stay now that most people have found out the benefits of working from home. Zoom was profitable before the corona crisis and the extra added users are nice a bonus. It enabled them to grow in 1 year to where they would have been in 5 or maybe 10 years if they followed their own projections. Even when the corona virus is no longer a threat video conferencing will be used for a long time and the company Zoom is positioned just right. With the extra cash and users they will be able to stay ahead of the competition. Or maybe even merge with Google or Microsoft. We see some nice opportunities but unfortunatly we do not have a crystal ball. We’ll have to wait and see.

For a link to the video click on the logos below or you can find it: here

Over the Wiseguy

Stock trader, Owner and Administrator of "". . . "TA is like surfing. You don't have to know a lot about het physics of tides to catch a good wave. You just have to be able to sense when it's happening and have the drive to act at the right time"

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