After Holding for Nearly 9 Years, I Just Sold PayPal Stock: Here's What I'm Buying Instead [Yahoo! Finance]
Zoom Video Communications, Inc. - Class A (ZM)
Last zoom video communications, inc. - class a earnings: 3/4 04:20 pm
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Source: Yahoo! Finance
Instead of waiting, I purchased shares of its parent company, eBay, ahead of PayPal's spinoff. In 2015, that happened, giving me shares of PayPal on day one of trading. Shortly thereafter, I sold my shares of eBay, but I've held PayPal stock through thick and thin ever since. That changed this month: After nine years, I finally decided to sell my entire position in PayPal. I also sold some of my position in Zoom Video Communications (NASDAQ: ZM) . And with this cash, I immediately went out and bought a meaningful position in Academy Sports and Outdoors (NASDAQ: ASO) Investing is personal, and I wouldn't suggest that people copy exactly what I do. But I would like others to know why I made these moves because my rationale could help guide their decisions under different circumstances. I still believe in PayPal and Zoom My decision to sell PayPal and Zoom doesn't mean that I believe they're headed lower. On the contrary, I think both could be headed higher long term. In PayPal
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ZM
News
- Zoom Video (ZM) Q1 Earnings Preview: What You Should Know Beyond the Headline Estimates [Yahoo! Finance]Yahoo! Finance
- Zoom Video Communications (ZM) Outperforms Broader Market: What You Need to Know [Yahoo! Finance]Yahoo! Finance
- Workvivo by Zoom is named preferred migration partner for Workplace from MetaGlobeNewswire
- 3 Computer Peripheral Stocks in Focus Amid Industry Challenges [Yahoo! Finance]Yahoo! Finance
- 30 Best Countries for Digital Nomads [Yahoo! Finance]Yahoo! Finance
ZM
Earnings
- 2/26/24 - Beat
ZM
Sec Filings
- 5/8/24 - Form 4
- 5/8/24 - Form 144
- 5/3/24 - Form 4
- ZM's page on the SEC website