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Zoom Beat Earnings Expectations, But Here's Why I Still Wouldn't Buy the Stock

Zoom Beat Earnings Expectations, But Here's Why I Still Wouldn't Buy the Stock

If there's one stock I never fully understood the hype behind, it's Zoom Video Communications (NASDAQ: ZM). Videoconferencing was not a new phenomenon in 2020 by any means, but at the outbreak of the pandemic, Zoom's stock surged in value. Despite its fall from grace over the past few years, Zoom is still a risky stock and one that you should think twice about owning.