Are you thinking of investing your money into the stock market but don’t know where to start? Have you seen how Zoom as a company boomed overnight and are you interested in getting in on the game?
Here we will go over what you need to know about online brokerage companies. And talk about whether buying zoom shares is a good move right now or not.
In This Article:
How To Buy Zoom Shares Online In 3 Easy Steps
Looking to buy Zoom stocks before they rise any further? Let’s look at how to open an account and buy stocks now.
1. Select Broker
You’ll want to choose a broker that gives you access to shares listed on NASDAQ.
2. Deposit Funds
Deposit funds in a matter of seconds. Choose from a debit/credit card, e-wallet, Bitcoin or bank wire.
3. Buy Zoom Shares
Search for Zoom (ZM) stocks, specify the number of shares you want to purchase, and click ‘buy’.
It wasn’t long ago that the majority of people hadn’t even heard of Zoom, but due to the worldwide pandemic of COVID-19, much of the world have resorted to working online and Zoom has become a household name. The price of Zoom stocks has more than doubled in these past few months.
Some veteran investors will warn you never to jump on the bandwagon so to speak during such a drastic rise in stock prices. But when there is a chance to make great profits it is understandably very tempting. Considering that virus or no virus remote working isn’t likely to go anywhere. An increasing number of people turn to work from their laptops to avoid commuting and to work from the comfort of their own homes. Zoom, therefore, is a resource that will continue to be used in the foreseeable future. The increase in value that we have seen over the last few weeks with zoom stocks may be only the beginning of their rise.
Below we will discuss the best brokers to use and everything there is to know about Zoom past present and future.
Looking for the quick answer?
Where to Buy Zoom Shares Online
First things first you need to find yourself an accredited broker that you can rely on. They must have their stock listed on the NASDAQ stock exchange. Hundreds of online brokers claim to be the best in the world so to make your life easier here we give you some information about the top three most popular brokerage companies and what they have to offer.
Highlights RegalX is a platform designed to offer investors access to forex and CFD trades, while also enabling instant pivots to other asset classes including commodities, precious metals and cryptocurrencies. RegalX was developed by Regal Assets, a global multi-commodities operation with offices in global capitals.
Licenses FSA, CySEC, FSC
Highlights Plus500 is a globally-regulated broker offering to trade on more than 2,500+ leveraged CFD instruments commission-free covering Forex, Commodities, Indices, Shares, Options and Cryptocurrencies.
Licenses ASIC, CySEC, FCA, FSB, ISA, MAS
How to Purchase Zoom Shares Online from Plus500
Are you looking to buy Zoom stocks now but don’t know where to start? Well, the process of buying Zoom stock is pretty similar to most trading sites. Here we will go over the straightforward process of how to buy stocks using Plus500 as it is a top-rated broker and user friendly. If you follow these steps you could be trading within minutes.
Firstly you will need a verified account before being able to trade. You will need to provide your email address and a government-issued form of identification.
Step 1: Search for ZOOM (ZM) Instrument
To find Zoom stocks type ZM in the search bar at the top of the screen and you will be taken right to them.
Step 2: Click ‘Buy’
To populate the order form, simply click the ‘buy’ button.
If not yet registered, Select Account Mode.
Step 3: Set-Up Order and Buy Zoom Shares
Now there will be an option to place an order. If you are certain about purchasing BT shares, then ensure that this option is set at ‘buy order’.
Below is a number of other things you will need to enter:
- Set Rate: Here you will input the price that you are willing to buy Zoom stocks at. You can either select ‘At Market’ which means you will buy Zoom stocks immediately at the current price. Or you can input a different value either higher or lower, which means that Plus500 will only buy the stocks when the price reaches the value you have selected.
- Amount: Here you will specify how much stock you would like to buy in USD. Or alternatively, you can select the ‘Rate’ button which will allow you to select the number of shares you want to buy instead.
- Stop Loss: It is important to set a Stop Loss when buying stocks, this is the lowest price that you will accept before selling your shares. Once the price is reached Plus500 will automatically sell your stocks on your behalf.
- Take Profit: The opposite to Stop Loss the take profit price you can set for when the stock prices reach your desired amount Plus500 will sell them on your behalf. A great option if you are looking to sell to make a profit at a certain price instead of holding onto Zoom stocks for the long term.
Lastly, the final step is to press ‘Buy’ and voila, you have purchased a Zoom Shares.
Why Invest in Zoom?
Still looking for more information about whether or not Zoom is the stock to invest in right now, here we will cover some more details.
Zoom is Profitable
Well, the most important thing to consider when looking for where to invest is whether the company is making profits. This may be an obvious point to consider, however, the reality is that the majority of tech firms are yet to make profits. Zoom however reported a profit of $25 million by the end of 2019, they have no major debt and have become the most popular conference calling application.
Due to the COVID-19 crisis in 2020 zoom’s profit margin has increased at an incredibly rapid rate. The second quarter shows an increase of 78%in the year-over-year revenue. HSBC and Johnson & Johnson have also recently been brought into Zoom. As the current climate is set to be a ‘new normal’ for the time being ZOom profits are only set to increase.
Remote Work is the New Normal
Remote working has been steadily increasing in popularity for the last decade, but thanks to the pandemic the majority of the world has been rapidly forced to set up and work from home. Turning Zoom into a household name.
Many experts claim that remote work will become much more common even after Covid-19 subsides as a worldwide pandemic. Creating a need for such conference calling software. The great features Zoom has to offer, and high-quality group calls, with great audio and video, will mean that companies continue to use this product for long into the future.
Which means that Zoom’s sudden popularity will continue to increase as time goes on, it is not just popular for the short term.
Zoom is Investing in Itself
Zoom is continuing to evolve and improve, using these overwhelming profits to put back into the business and continue to make impressive developments and continue to entice customers.
Zoom has been listening to customer feedback, suggestions, and making changes accordingly. Currently, 20% of their technicians are developing features suggested by clients. One of the 300 features recently released on Zoom is the function to change the background color, a popular feature amongst clients.
When problems arise with the software Zoom have been noted to respond quickly and resolve the problems, In this way gaining the trust of the users.
About Zoom Stock
Company and Shares History
In 2011 Eric Yuan founder and CEO of Zoom created the software, which was released in 2013. Zoom stayed under the raider however for a few years until 2019 when shares IPO’d on the NASDAQ for $62 a share.
During 2019 the stock fluctuated between $100 and IPO price. However, in 2020’s COVID_19 crisis the value of the stock soared rapidly.
There is room for growth within the company if the global market continues to fall back on Zoom for conference calling and remote work. Their current market capitalization is more than $45 million and rising currently.
Should I Buy Zoom Shares Now?
Zoom has performed incredibly well since its initial release onto the NASDAQ in 2019, even before the 2020 boom. There have been minor security blips which once reported the company reacted quickly and efficiently to resolve. Many analysts see a bright future ahead for Zoom.
As with all stocks, it is impossible to predict the future and when investing money you are always taking a risk, so do thorough research and choose wisely where you make your investments.
Is Zoom available outside of the US?
Yes, Zoom is available in most countries, barring just a few.
Are Zoom shares owned by large investment companies such as banks?
Morgan Stanley, Vanguard, and Fidelity are some of Zoom’s top investment firms, who together own 10% of Zoom shares, However CEO Eric Yuan owns 15% of Zoom shares.
Does Zoom pay dividends?
As a comparatively small company compared to other tech giants Zoom does not and probably will never pay dividends.
What stock exchange is Zoom listed on?
The NASDAQ lists Zoom shares.
Can I buy fractional shares of Zoom stock?
Yes, on the above three brokers mentioned you can opt to buy fractional shares, which means that you can start investing with only $1.