|Bid||260.57 x 900|
|Ask||260.90 x 800|
|Day's range||255.35 - 263.04|
|52-week range||238.60 - 349.67|
|Beta (5Y monthly)||0.91|
|PE ratio (TTM)||27.26|
|Forward dividend & yield||2.48 (0.95%)|
|Ex-dividend date||18 May 2022|
|1y target est||N/A|
In this clip from "The Rank" on Motley Fool Live, recorded on May 2, Motley Fool contributors Jason Hall, Matt Frankel, and Danny Vena discuss their positions on Zoom and what they'd like to see the company improve in order to evolve. Matt Frankel: Zoom is down.
Cloud stocks, such as Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG), International Business Machines (NYSE: IBM), and Microsoft (NASDAQ: MSFT) could profit investors as they navigate a considerable sell-off in sector stocks. Admittedly, the Google parent has not entirely escaped the sell-off in cloud stocks. Grand View Research expects the cloud industry to grow to $1.55 trillion by 2030, a compound annual growth rate (CAGR) of 16%.
Meanwhile, things are even worse for the growth-dependent Nasdaq Composite (NASDAQINDEX: ^IXIC). Following its all-time high in November 2021, the Nasdaq has tumbled 27%. The Nasdaq's tumble officially places it in a bear market.