Zoom, Peloton get Street-high price targets, but two traders are at odds on the stay-at-home stocks

  • 📰 CNBC
  • ⏱ Reading Time:
  • 9 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 72%

Business News News

Business Business Latest News,Business Business Headlines

Zoom, Peloton get Street-high price targets, but two traders are at odds on the stay-at-home plays

Zoom closed over 5% higher at $536.40 on Thursday. Peloton ended trading up nearly 4% at $136.43. Both stocks hit new record highs in Thursday's session.

Zoom trading at 211 times forward earnings versus Microsoft at 32 times also gave Sanchez pause, particularly considering Zoom's 687% advance this year.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Great stocks if you got in at the right point. Valuations now, waaay too high. Remember, pigs get slaughtered.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in BUSÄ°NESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stocks making the biggest moves midday: Roku, United Airlines, Lemonade, Zoom & moreTake a look at the companies making headlines in midday trading. who cares we are broke and starving!!! GOINGGREEN HAWKINSWALKER2020 WHERE BERNIES POLICIES HAVE ALWAYS BEEN Thank you for finally updating the stock photo to show this guy with his mask over his nose. $MXC be therr
Source: CNBC - 🏆 12. / 72 Read more »