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1 Surprising Artificial Intelligence (AI) Stock to Buy Before It Soars 2,138%, According to Cathie Wood's Ark Invest
ZMZoom(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 1,500pershareby2026.Fromthecurrentsharepriceof1,500 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 ...