Zoom Video Communications delivered triple-digit revenue growth (year over year) for several quarters after the onset of the pandemic, but its growth...
Century 21 Judge Fite Company real estate agents gathered online to join a company happy hour Zoom video conference call in 2020.Zoom Video Communications delivered triple-digit revenue growth for several quarters after the onset of the pandemic, but its growth decelerated sharply over the past year, and shares were recently down 68% from their 52-week high.
Zoom’s brand recognition paved the way for a land-and-expand growth strategy that is gaining momentum. Zoom Phone surpassed 4 million seats in August, up 100% over the past year, and two newer products look promising: Zoom Contact Center is an omnichannel customer service solution, and Zoom IQ for Sales is AI-powered software that analyzes conversations in Zoom Meetings to help sales teams work more productively.
It’s worth knowing that buffer funds don’t actually hold individual stocks or bonds — they’re more complex, investing in options. They also may not limit losses as much as you’d want. Per the folks at Morningstar, buffer funds were down more than 12% year to date as of the end of September. Each such fund specifies a buffer percentage, which might be up to 30%, and its investors usually only suffer losses if the underlying index drops below those limits.
You don’t need to avoid cyclical stocks , but do be careful about when you buy. In the meantime, stocks of companies that consumers depend on can protect you from cyclical swings.The calendar year is closing soon, and tax season is around the corner. To keep as many of your dollars in your pocket as possible, there are some smart moves you might make before the end of the year. Here are several:
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