Zoom Technologies (ZM US)

06/10/2021 09:39

International Equities Portfolio

MM’s International portfolio slipped -1.11% in the volatile week for stocks with as expected the tech holdings struggling while the Energy and financials rallied nicely. This portfolio was our weakest in the month of September down -6.28%  dragging down its FY22 performance to -5.44% - it’s allocation to technology is hurting short term.  

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31/03/2021 09:24

Zoom Video Communications (ZM US) $US313.19

We’ve been looking for a bounce in ZM to cut our position over recent weeks

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02/03/2021 09:05

Zoom a sell into strength $410.62

Another “tech” holding in our MM International Portfolio which popped higher overnight was Zoom (ZM US) which rallied well over +10% at its best illustrating how the pressure valve has been released once bond yields stopped surging higher.

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23/02/2021 21:48

Zoom Video Communications (ZM US) $US417.26

No change, our position in ZM has been a bit of a rollercoaster post the pandemic but we now have a new environment as the vaccine is rolled out and competition intensifies.

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17/02/2021 17:19

Zoom Video Communications (ZM US) $US442.75

MM has been reviewing our position in Zoom since giant Microsoft (MSFT US) announced its intention to enter the video conferencing space, the stocks bounced well of late after being smacked over recent months providing a reasonable exit level as it makes new 2021 highs.

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16/02/2021 08:39

Zoom Video Communications (ZM US) $US433.11

Our position in ZM has been a bit of a rollercoaster post the pandemic but we now have a new environment as the vaccine is rolled out and competition intensifies. ZM might be ahead of the pack but its still priced for substantial growth, it might be time to take our ~25% profit and walk.

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11/02/2021 07:33

Zoom Video Communications (ZM US) $US431.48

MM has been reviewing our position in Zoom since giant Microsoft (MSFT US) announced its intention to enter the video conferencing space, the stocks bounced well of late after being smacked over recent months providing a reasonable exit level as it makes new 2021 highs.

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01/02/2021 18:13

Zoom Video Communications (ZM US) $US372.57

ZM has been on our radar as a sell for a while now, in short, we think we were too late to this party adding it to the portfolio into weakness at the end of 2020. Many simply think ZM was an overnight success thanks to COVID, while the pandemic accelerated their growth significantly, it is a business that’s been around a long time producing high quality hardware and more recently application software for video conferencing.

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