If you haven`t bought ZM Zoom Video Communications ahead of earnings:
Then you should know that yesterday`s P/E was 19.96 and it`s about to improve today.
Cathie Wood has already bought more ZM shares yesterday ahead of the earnings!
The adjusted profits were $1.03 per share VS Street forecast of 87 cents
Revenues rising 12% to $1.074 billion.
ZM Zoom Video earnings call is scheduled for Monday.
The P/E is 20.23, while the price is similar to September 2019.
I think it`s undervalued at this point and my Price target is $127.
Looking forward to read your opinion about it.
Equity markets took a breather on May 23, as operators reacted positively to U.S. President Biden commitment to review Trump-era tariffs imposed on China
Accumulated gains are now being quickly given back, as futures on May 24 point to red territory for both S&P 500 and Nasdaq (dropping 1.21% and 1.88%, respectively). Snapchat (SNAP) in...
It can be tough sometimes to play ER, but I commend those who have the nerves to consistently play ER's. We know prices can go either way when dealing with earnings.
A company can beat on ER and gap down, a company can miss on earnings & gap up. Sometimes it feels like playing the lottery with ER plays.
There are some things you can notate before you play an...
Over the past two years, technology companies have enjoyed explosive growth as investors were upbeat about the prospects for the sector at a time when people relied on technology to stay connected while cooped up in their homes.
Internet firms like Zoom Video Communications (NASDAQ:ZM) were among those to reap substantial gains from the tech boom during the...
Zoom has beaten earnings every quarter since flotation, earnings due very soon and stock is down over 80%.
Fantastic buying opportunity with a nice ride up to resistance. Expect this one to rocket up, hold until next year at least if you can
When in doubt, zoom out. - Author: Reggie Watts
I do believe that everything can look beautiful if you look at it from outside. The closer you zoom in, most of us exhibit behaviour that is strange to someone from outside. - Author: Susanne Wuest
Zoom made a nice falling wedge structure and now after the breakout and pull back formed the minor bearish trend showed another breakout and bullish reversal. Here I expect a decent correction on the fall we have seen on Zoom.
Zoom Stock is now on a harmless point and can rise up until the Highest price it was and the only thing it want is Patience.
Stop loss@ 40$
Take profit@ 750$
it is so important to buy in several price and step by step... Follow your money management and do not be greedy.
A mega cap, a large cap, a medium cap, a small cap, and a micro cap stock walk into a bar. The bartender looks at them and says, "What do you want?" They all reply, "A Shot!"
Well lets give these stocks "A Shot!" by taking a look at their price performance over the past 52 weeks and evaluating whether they are a "good buy."
Mega Cap: Facebook or Meta (FB) has...
After a very nice couple of days ZM is setup for a slight fall. The two purple boxes show recent gaps and I suspect one if not both of these will likely fill in the next day or 2 (or 3). Below those you can see some yellow dotted lines which are also gaps from early 2020 before COVID hit. Will those fill too? Not sure - we were very close the other day when the...
Just an idea to look for fundamentals because Zoom's price trades near $100. Technical analysis suggests that we can see a short-term rejection from the shown area.
1. Round number $100
2. Channel projection
4. Fibo Extension
5. Previously worked resistance level becomes support
6. Possible rejection from the bottom of the range