Zoom Video (ZM) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
As for the technology-driven Nasdaq Composite, it's lost more than a quarter of its value in under seven months, which places it in a bear market. While there's no question that big declines in the stock market can be unnerving, history has repeatedly shown that these dips are the ideal time for long-term investors to pounce. The first unique company that can help long-term investors build generational wealth over the next two decades is e-commerce platform Etsy (NASDAQ: ETSY).
The overall market is down big to start 2022, but growth stocks, or companies that are growing fast but are currently unprofitable, have been hit even worse. Many such names are down 70% to 90% or more in response to high inflation and rising interest rates.