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PCI - Sell Zoom Now: Buy These 2 Dividend Stocks Instead
March, 10 2021 08:35 AM
PIMCO Dynamic Credit and Mortgage Income Fund of Beneficial Interest
Zoom recently reported its earnings. On the surface, they look great. However, if you go into the details, the outlook is very gloomy. ZM is set to increase its revenues by only 6.8% next year and experience a 25% decline in non-GAAP EPS. With a forward P/E ratio of 150 times, that's an insanely high valuation. If you are long ZM, it's time to dump it now. We will highlight two much better alternatives. For further details see:
Sell Zoom Now: Buy These 2 Dividend Stocks Instead
Stock Information
Company Name:
PIMCO Dynamic Credit and Mortgage Income Fund of Beneficial Interest
Stock Symbol:
PCI
Market:
NYSE
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