Market Overview

Josh Brown And Jon Najarian Are Still Bullish On Zoom Video

Share:
Josh Brown And Jon Najarian Are Still Bullish On Zoom Video

On CNBC's "Fast Money Halftime Report," Josh Brown discussed his thoughts on Zoom Video Communications (NASDAQ: ZM). The company reported third-quarter earnings results after the close on Monday and shares fell 14% on Tuesday.

Brown said the results showed no sign of moderating growth. He went on to say Zoom's valuation got ahead of itself, but he doesn't see any other companies with stronger long-term prospects. Brown has no plans to sell Zoom.

Jon Najarian is also bullish on the stock as the company became a household name. He went on to ask could it be the next MySpace.

In terms of any potential upcoming competitors, Zoom has a substantial lead on technology versus Microsoft (NASDAQ: MSFT) and Google (NASDAQ: GOOG), said Brown.

 

Related Articles (ZM)

View Comments and Join the Discussion!

Posted-In: CNBC Jon Najarian Josh BrownLong Ideas Tech Media Trading Ideas