The bear market is here! Chances are most of us have been experiencing the fear gripping us currently. 

But there are bright spots in the current bearish market too. During the multiple lockdowns in many countries, I stumbled upon an outperformer in the market.

This company has actually risen up close to 80% since the start of the year of 2020 as of time of writing. The prospects and share price went up drastically as more companies chose to use their services now.

This company is Zoom Video Communications Inc (NASDAQ: ZM).

Company Introduction

Zoom is a company listed on the US Nasdaq stock exchange. It’s services include video conferencing, scheduling online meetings, chat and also mobile collaboration. 

Barely 10 years old, Zoom was founded in the year of 2011, by a lead engineer from Cisco Systems, Inc. In the year 2017, it entered the “unicorn” club. Unicorns are privately held companies valued at over USD$