EP.002: Zoom ($ZM): Growth Acceleration, A Catalyst

The podcast features Sean Emory from Avery & Co. discussing Zoom as a contrarian, high-conviction value investment. Emory argues Zoom is undervalued, trading as a no-growth stock despite its potential for growth acceleration driven by its transition from a single-point solution to a comprehensive communication platform. He highlights Zoom's strong balance sheet with over $7 billion in cash, high margins, and the increasing attach rates of products like Zoom Phone and Contact Center to its enterprise business. Emory points to the stickiness of Zoom's products, even within Microsoft 365 environments, and the potential for strategic acquisitions to further enhance its platform. He believes the market is underestimating Zoom's pricing power and the long-term potential of its expanding product suite.