ZM reported a large upside surprise for sales and earnings in its Q2, and the stock responded strongly.
• While I think the guide for Q3 and Q4 is conservative, my greater area of interest is whether ZM can go to a higher plane of operations than videoconferencing.
• In this article, I explore ZM’s founding vision, how it has performed well, and why I think its TAM is quite large and justifies the risk inherent in this high-flyer.
• I conclude with a general discussion of why high P/E growth stock investing may “work” over the long term despite some challenging fundamentals and technicals.
post tenebras lux
For not in my bow do I trust, nor can my sword save me.