RNG - Work-at-Home Boosts These 3 Companies; Will They Hold On to Gains?
Businesses, schools, and services in the U.S. and elsewhere are increasingly telling employees and students to work from home in an effort to contain the novel coronavirus pandemic as confirmed cases multiply. The result is an interesting test of technologies that enable people to work together while working remotely.
Let's take a look at three companies offering remote work technology whose stock has popped during the coronavirus crisis, but also have the goods to continue that share growth long after the health scare is over.
Videoconferencing software company Zoom Video Communications (NASDAQ: ZM) has been one of the biggest winners related to the COVID-19 crisis. Its stock is up about 57% so far this year, while the Dow is down roughly 24%. Zoom's cloud-based software sets up audio and videoconferencing, along with tools to share content.