Zoom Has Handed Back Most of Its Pandemic Gains but Is Still Making Money – What Investors Need to Know for 2023

[TradeSmith Daily]( Zoom Has Handed Back Most of Its Pandemic Gains but Is Still Making Money – What Investors Need to Know for 2023 In the early conference-call days of COVID-19, when pajamas were the dress code and we became hyperaware of the books arranged on the shelf behind us, Zoom Video Communications Inc. (ZM) was king. To keep offices connected, everyone was using the video conferencing platform, with the name of the company becoming synonymous with setting up a video meeting: “Let’s do a Zoom.” The stock price opened at $68.80 on Jan. 2, 2020, and skyrocketed to $588.84 by Oct. 19 — a 755% gain in just nine months. But fast forward to today and Zoom has given back practically all of those gains, trading at $74.11 as of this writing. RECOMMENDED LINK [I QUIT traditional investing (Watch this crazy 1-minute trading demo)]( Inflation is sitting at a 40-year high... Almost 65% of ALL stocks have lost value... ALL but one of the big 401(k) firms are in the red this year... And every day it seems like another expert comes out of the woodwork to warn that a recession is coming. That’s why I’m not buying ANY stocks, cryptos, or bonds for the foreseeable future... and instead, I’m just repeating [one easy-to-follow trade](. A trade that could pay hundreds, even thousands, of dollars almost every time you execute it... (89.47% of the time to be exact). [And in this short video]( I’m going to demonstrate the entire process step-by-step so you can start using it too. [Go here to see how ONE trading technique could make you $1,000 per month](. More people are returning to the office in 2022 — as many as 49% of remote employees, according to Zippia.com — and may have less of a need for videoconferencing. There’s also more competition squaring off against Zoom, with Microsoft Teams growing in popularity along with offerings from RingCentral — and at least one other major player discussed in the video below. Despite all of this, Zoom is still a profitable business. As of September, the company converted 35% of its revenue into free cash flow over the past year and was sitting on $5.5 billion in cash, with virtually no debt. So, is there more to Zoom than meets the eye heading into 2023? Is it an underrated pick to add to your moneymaking watchlist? LikeFolio co-founder Landon Swan has some perspective. In less than nine minutes, Landon reveals what happens when a company is on the “other side” of being first to market and what you need to know about Zoom heading into the new year. RECOMMENDED LINK [New 11-Layer Algorithm Helps Focus Your Limited Capital into Potential Three- and Four-Digit Gainers]( Imagine remaking your portfolio into one loaded entirely with stocks with return potential like these: +4,890% AIG… +4,627% MNST… +3,604% AZO… +3,361% DPZ! These gains are based on our extensive backtests. It’s now possible to identify key variables before a stock hits high-flyer status. Our new elite product does just that. It sports an 11-layer algorithm that identifies “super-bullish” stocks out of 145,206 stocks, ETFs, and funds. Instead of spending hours researching stocks and wasting years just to get modest returns, know up front if a stock could be a triple- or quadruple-digit win. [Click here to try this tool now]( You can [click here]( or on the image below to access Landon’s invaluable insight: Enjoy your Thursday, [Keith Kaplan]Keith Kaplan CEO, TradeSmith Best of TradeSmith The chart below represents the best-performing open positions over the last two years, as recommended by our software. [Download now on the Apple Store]( [Get It On Google Play]( More Investable Information at Your Fingertips - [TradeSmith’s 2023 Guide to Beating Inflation]( - [Bitcoin Is Far from Dead (Here’s Proof)]( - [This Could Be the Amazon of Gene-Editing Stocks]( - [Electric Vehicles Passed This 5% Tipping Point – Here Are 2 Investments to Make]( [866.385.2076](tel:+866-385-2076) | support@tradesmith.com ©TradeSmith, LLC. All Rights Reserved. You may not reproduce, modify, copy, sell, publish, distribute, display or otherwise use any portion of the content without the prior written consent of TradeSmith. TradeSmith is not registered as an investment adviser and operates under the publishers’ exemption of the Investment Advisers Act of 1940. The investments and strategies discussed in TradeSmith’s content do not constitute personalized investment advice. Any trading or investment decisions you take are in reliance on your own analysis and judgment and not in reliance on TradeSmith. There are risks inherent in investing and past investment performance is not indicative of future results. TradeSmith P.O. Box 340087 Tampa, FL 33694 [Terms of Use]( [Privacy Policy]( To unsubscribe or change your email preferences, please [click here](. [tradesmith logo]