Zoom Video Is A Battle Between Fundamentals And Technicals, Says Jenny Harrington

On CNBC's "Fast Money Halftime Report," the investment committee gave their thoughts on Zoom Video Communications ZM, the tech stock that's been the talk of the pandemic.

  • Jenny Harrington: Zoom Has An Irrational Valuation But Is A Compelling Growth Story, It's A Battle Between Fundamental And Technical Analysis
  • Josh Brown: I Don't Think Long-Term Investors Will Stick With Zoom Over A Period Of Decline
  • Jenny Harrington: Zoom's Earnings Would Need To Double To Get To Bernstein's $611 Price Target, 'At Some Point 188x Multiples Are Not Realistic To Be Using'

Zoom Video is arguably one of the top beneficiaries of the pandemic as schools, companies and friends use it to connect during a time of social distancing.

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In:
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!