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Software companies like Zoom have been crushed as growth slowed down.
In this video, I will talk about Zoom Video Communications' (ZM 2.73%) earnings report. This previously high-growth stock is down over 80% since its all-time high and is close to its IPO price. But the company has plenty of cash, and growth is expected to accelerate. Should you buy Zoom stock?
*Stock prices used were from the trading day of Aug. 21, 2023. The video was published on Aug. 22, 2023.
Neil Rozenbaum has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Zoom Video Communications. The Motley Fool has a disclosure policy. Neil is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
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