Although founded less than 10 years ago, Zoom Video (ZM) has been growing by leaps and bounds. Sales over the past three years are up more than 10 times, from $60.8 million in 2017 to $622.7 million last year. In that same period, Zoom has gone from earning no profit at all, to earning $25.3 million last year, and Zoom’s free cash flow is even better — $113.8 million.Nevertheless, 5-star Goldman Sachs analyst Heather Bellini assigns Zoom Video an $80 price target, and rates the stock a “sell.” (To watch Bellini’s track record, click here)As Bellini explains, “due to COVID-19, …read more
Source:: Yahoo Finance
