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WORK - Better Buy: Slack Technologies vs. Zoom Video Communications
Slack Technologies Inc. Class A
Slack Technologies(NYSE: WORK) and Zoom Video Communications(NASDAQ: ZM) are both weathering the COVID-19 pandemic better than the broader market. Slack's stock rose roughly 25% since the beginning of 2020, while shares of Zoom surged more than 120%.
Both companies benefit from stay-at-home measures. Slack's communication platform connects employees with messaging and collaboration services, and Zoom's video conferencing and remote collaboration tools have gained momentum with both enterprise and mainstream users. But is either stock still worth buying after their recent rallies?