Eric Yuan, founder and chief executive officer of Zoom Video Communications, at right, speaks with Jay Heller, head of capital markets & initial public offering execution of Nasdaq, during the company's IPO at the Nasdaq MarketSite in New York on April 18, 2019.A hybrid return to office in the corporate world is an opportunity forto differentiate itself and excel, and investors should buy in, according to RBC Capital Markets.
Shares of the video conferencing company rose dramatically in 2020 as the pandemic caused a scramble for solutions for companies working from home. However, the stock is down 38% from its late October peak as the fast vaccine development led investors to focus on Zoom's future use case. RBC analyst Rishi Jaluria initiated coverage of the stock with an outperform rating, naming Zoom a top pick. Jaluria said in a note to clients on Thursday evening that the platform will continue to be a key part of work life in the future, particularly for larger enterprise customers.
Pro Shame on RBC. This is clear deception. Pump and block trading on their platform and dump while no one else can sell. They should be fined and jailed.
Pro Investors! There is only ONE the most important thing you need to know about StockMarket - WE ARE IN THE BIGGEST STOCKMARKET BUBBLE IN HISTORY!!! 205% Ratio of StockMarket CAP to GDP!!! SIGNIFICANTLY OVERVALUED!!! DON'T LOSE YOUR MONEY!!!
Pro WallStreet 'advisers' and mass media: CNBC, Bloomberg have to be very proud for luring clueless retail 'investors' into the biggest StockMarket BUBBLE in history! This is what they are paid for by big corporations - turning retail investors into bagholders!
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