1 Surprising Artificial Intelligence (AI) Stock to Buy Before It Soars 2,138%, According to Cathie Wood's Ark Invest
ZoomZoom(US:ZM) The Motley Fool·2024-09-21 07:30

Two years ago, Cathie Wood's Ark Invest published a bullish valuation model for Zoom Video Communications. For many investors, Zoom Video Communications (ZM 0.93%) is a pandemic trade that has long since lost its allure. But Cathie Wood's Ark Invest published a valuation model in 2022 estimating Zoom would reach $1,500 per share by 2026. From the current share price of $67, that forecast implies 2,138% upside in little more than two years. Having said that, Wood and her team may have lost confidence in Zoom ...