5 Best Work-From-Home (WFH) Stocks to Buy Now

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1. Zoom Video Communications, Inc. (NASDAQ: ZM)

Number of Hedge Fund Holders: 59    

Zoom Video Communications, Inc. (NASDAQ: ZM) is a San Jose-based communications technology company founded in 2011. It is placed first on our list of 10 best work-from-home (WFH) stocks to buy now. Zoom stock has returned more than 73% to investors over the course of the past twelve months. The firm primarily provides video and text chat services through a cloud-based platform. The company markets these services for teleconferencing, telecommuting, distance education, and social relations. 

On April 23, investment advisory Mizuho noted that Zoom Video Communications, Inc. (NASDAQ: ZM) stock had fallen after the vaccine rollout allowed business activities to resume but still had significant upside potential and could deliver 50% growth this year as businesses adopted the new video communication technology. 

Out of the hedge funds being tracked by Insider Monkey, New York-based investment firm Coatue Management is a leading shareholder in the firm with 2.5 million shares worth more than $848 million.

You can also take a peek at 10 Best Travel Stocks to Buy Right Now, and 10 Best Automotive Stocks to Invest in Now.

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