Rightly so.

With governments the world over encouraging people to stay indoors to combat Covid-19, people are finding new ways to continue with their daily lives.

And one of them is telecommuting or working from home (WFH).

A major beneficiary from the current #WFH trend is Zoom Video Communications Inc (NASDAQ: ZM).

Zoom, a cloud-based video conferencing tool, allows individuals to meet and work together online across many locations.

During its latest earnings call (for the quarter ended 31 January 2020), Zoom said that it has seen significant usage of its platform due to the coronavirus outbreak. Accordingly, it will expand its capacity to meet the increased demand.

It is no wonder that investors are climbing onto the Zoom bandwagon.

Year-to-date, the company’s shares have beaten the S&P 500 index handsomely,