Question of the Day: This company, whose product is now being used by millions of students every day, has seen its stock price rise by more than 700% this year. Can you name it?

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Oct 18, 2020
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Question of the Day, Investing, Stocks

Hat tip to Amanda Volz for inspiring today's QoD. 

Answer: Zoom

Questions:

  • Do you currently use Zoom? Had you heard of Zoom pre-pandemic? 
  • How do you think Zoom's business will do post-pandemic?
  • Will two of their larger sectors, education and business, return to more in-person interactions reducing their reliance on a product like Zoom? 

Click here for the ready-to-go slides for this Question of the Day that you can use in your classroom.

Behind the numbers (CNBC):

Cramer acknowledged there are some investors who are wary of Zoom’s valuation as the stock has run up 688% so far in 2020. It notched another all-time high Thursday. However, the former hedge fund manager said the company has done a nice job innovating, including its recently announced product that will allow organizations to host paid events through Zoom.

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Registration for NGPF's Investing and Advanced Investing Certification courses opens this Tuesday, October 20th at 9am PT.  Other courses being offered this cohort include Behavioral Finance, Credit, Taxes and Paying for College. 

 

 

About the Author

Tim Ranzetta

Tim's saving habits started at seven when a neighbor with a broken hip gave him a dog walking job. Her recovery, which took almost a year, resulted in Tim getting to know the bank tellers quite well (and accumulating a savings account balance of over $300!). His recent entrepreneurial adventures have included driving a shredding truck, analyzing executive compensation packages for Fortune 500 companies and helping families make better college financing decisions. After volunteering in 2010 to create and teach a personal finance program at Eastside College Prep in East Palo Alto, Tim saw firsthand the impact of an engaging and activity-based curriculum, which inspired him to start a new non-profit, Next Gen Personal Finance.