Investors are paying up for growth:
https://www.cnbc.com/2020/09/01/her...om-following-its-blowout-earnings-report.html
Mr Insanity is knocking on the door.....

- Zoom has a price-to-sales ratio of 72, the highest among tech companies valued at $100 billion or more, according to FactSet. Shopify is second at 63.
- Zoom trades for 892 times earnings, second only to Salesforce among the largest tech companies by that metric.
- Among the more than 50 companies in the Bessemer Cloud Index, Zoom has the highest multiple when it comes enterprise value to revenue and enterprise value to future revenue.
- CEO Eric Yuan told CNBC on the day of the company’s IPO in April 2019 that he was “very surprised” by the stock’s 72% jump in its debut. Since then, the stock has multiplied by more than seven-fold.
https://www.cnbc.com/2020/09/01/her...om-following-its-blowout-earnings-report.html
Mr Insanity is knocking on the door.....