$Zoom(ZM)$saw an article saying the growth in customer base is going to taper off. The reality is that in the new normal, almost every worker who can use Zoom to work is going to do that. That means a steady stream of income that doesn't stop unless there is a big switch to another platform. When you have a big market share like Zoom does,  pretty much difficult for another player to enter. Much like WhatsApp when it took significant market share. It is likely that a bigger company may choose to buy over Zoom because of market penetration.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment

  • Top
  • Latest
empty
No comments yet