The momentum has shifted to WFH themed stocks and we could be in the beginning of the capital rotation cycle from AI and semiconductor stocks. It’s only matter of time that WFH becomes mainstream again in light of rising gasoline and petroleum prices. Yesterday, when the SP500 is down, WFH related stocks has collectively outperform the market -Zoom, Logitech, Corsair, Chewy, TEAM(Atlassian), CISCO, PTON and the list goes on.
Zoom(NASDAQ:ZM) looks bullish if the WFH trends pick up. The stock is approaching its 52 week high with a PE of 15.50. It’s currently trading at $95.76 on 29 April 2026. Fundamental wise, it appears that it has huge room to grow. ZM bull case has been analysed recently in Reddit and I won’t bored you with the details.
Another key points to mentioned is that ZM is an investor in Anthropic AI which gives ZM an indirect investment in it. The investment is valued between $2-$4 billion. ZM current market cap is $28 billion.
https://www.cnbc.com/amp/2026/01/26/zoom-anthropic-investment.html
