For many investors, Zoom Video Communications (NASDAQ: ZM) 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. The stock used to be one of Ark's five largest positions, but it no longer ranks […]
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