Thread by @SimonSaysStocks

Zoom's stock has been on a ride since the pandemic

Entering March of 2020, $ZM was trading at $113 and would rise to $270 by August of 2020 and $560 during that October.

Fast forward to now, Zoom's share price is down 31% over the last year and trading under $270

$ZM was once trading at a steep valuation, but now that its price has cooled off, Zoom makes for an intriguing opportunity to invest in a state-of-the-art company with pessimism being priced in by Mr. Market

https://twitter.com/SimonSaysStocks/status/1460578138249998342?s=20

Zoom's core thesis remains intact

Zoom is on pace to become the default communication platform for enterprises and workplace collaboration

Zoom's founder and CEO Eric Yuan is a former WebEx and was influential in writing developing the platform, but would go on to start Zoom

Yuan didn't see "a happy customer" towards the end of his time at WebEx which led him to start Zoom

Yuan, a visionary, left the company to build a revolutionary product in Zoom. Zoom's turned into the flag bearer of unified communication platforms

$ZM Growth Drivers:
1. Zoom Phone
2. Zoom Rooms and HaaS* Business
3. The OnZoom Marketplace
4. Zoom Apps
5. AR and VR collaboration tools

Facebook Horizons Workrooms is an intriguing collaboration 👀 $FB $META

Zoom's valuation is now attractive

Based on our L.A. Stevens Valuation Model, $ZM is expected to generate 19% annual returns over the next 10 years

Check out my latest note on Zoom, highlighting our thesis at .@investwithbtm and featuring the L.A. Stevens Valuation Model

@VashiAhan great work and coverage on $ZM

Zoom: The Generational Company Is Back In Buy Territory seekingalpha.com/article/446978…