In this video, I will be talking about a couple of reasons why buying Zoom Video (ZM 0.82%) stock post-COVID might be a good idea.
- After all the commotion, the company is still profitable and generating over $500 million in free cash flow.
- The company is attracting bigger clients, and they are spending more with Zoom.
- In terms of valuation, the company is relatively cheap, trading at 24 times the next 12-month earnings expectations for the fiscal year 2023.
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*Stock prices used were the closing prices of May 27, 2022. The video was published on May 29, 2022.