Zoom: Moved To Strong Buy Rating
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We moved to Strong Buy on Zoom Communications. The stock is way way down and there’s a shot that post-pandemic may actually be a benefit. As schools open, Zoom has said they plan to start charging. They talked about a big jump to gross margins when that happens. Plus, there’s a shot that business really doesn’t slow down as much as the Street expects. We’re expecting growth rates for 2022 that get back to pre-pandemic levels and our numbers are…
