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Even Though a Tough 2023 Looms Large, Is Now the Perfect Time to Buy Zoom Stock?

Even Though a Tough 2023 Looms Large, Is Now the Perfect Time to Buy Zoom Stock?

Zoom Video Communications (NASDAQ: ZM) stock has already been struggling with households and businesses making a return to in-person activities, but economic uncertainty is creating even more issues headed into 2023. Zoom shares are now down nearly 60% in 2022 after the last earnings update, even as the business itself continues to (slowly) expand. Zoom's customers are clearly being impacted by macroeconomic factors, which is trickling down into key performance metrics for the company itself.