Zoom Video (ZM) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Zoom Video Communications (NASDAQ: ZM) enjoyed phenomenal growth during the pandemic, but the past year has been much less exciting for shareholders. On the bright side, Zoom has done a good job holding on to most of the gains it achieved during those high-growth days when its service was essential for people practicing social distancing during the COVID-19 lockdowns. Against that mixed backdrop, let's look at Zoom's prospects in 2023 and beyond.
When a stock breaks out above the 20-day simple moving average, good things could be on the horizon. How should investors react?