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Could Zoom Be One of the Best Stock Buys for 2022?

Nicholas Rossolillo, The Motley Fool
·4-min read
Could Zoom Be One of the Best Stock Buys for 2022?

With just a month to go until 2022, Zoom Video Communications' (NASDAQ: ZM) stock price is down 36% so far in 2021 and down 65% from the all-time high it notched in the autumn of 2020. Suffice it to say that the economic reopening has taken its toll on the video conferencing software firm, and the company has failed to impress investors despite enduring growth. Zoom said revenue grew 35% year over year to $1.05 billion during the third quarter of fiscal 2022 (the three months ended Oct. 31, 2021).

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