Zoom Video, Microsoft Lead 5 Work-At-Home Stocks For The Coronavirus Stock Market Crash Your stocks to watch this week are five software names whose businesses can still function as more people work from home during the coronavirus pandemic:Microsoft (MSFT),Zoom Video Communications (ZM),Adobe (ADBE),DocuSign (DOCU) and Citrix Systems (CTXS). Microsoft stock, Adobe stock and the others are all outperforming the broader market amid the coronavirus stock market crash. Now, that's really what I've even provides investors throughout 04:14 04:42 In a time of social distancing and state-issued stay-at-home mandates, the software companies all offer cloud platforms, digital publishing, electronic contracts, and other work options that don't require direct contact. However, Investor's Business Daily advises against buying any stock during a correction, especially in a bear market as severe as this one. But stocks that are outperforming now can emerge stronger when the market rebounds, and can be prime watchlist candidates. Adobe stock, Microsoft stock, DocuSign stock, Citrix stock and Zoom Video all have relative strength lines at or near all-time highs. That means the stocks are outperforming the S&P 500 index. But in the coronavirus stock market crash, relative winners still means absolute losers in nearly all cases. Only Citrix and Zoom Video stock have been trading at all-time highs. Adobe stock and Microsoft stock are both IBD Long-Term Leaders. https://www.investors.com/news/micr...tocks-beating-coronavirus-stock-market-crash/
Slack (WORK) deserves a mention - relative strength in recent days. Coronavirus has been a catalyst for CTOs/IT departments to get working from home set up. After it's been proven to work it will no doubt continue beyond coronavirus, and those subscription fees will continue to come in.
Our new virtual world:Zoom, the teleconferencing service, is surging in popularity — and not just in the corporate world. Overnight, Zoom has become a primary social platform for millions of people, a lot of them high school and college students, as those institutions move to online learning. As many remain “sheltered-in-place,” here’s why much of the population seems to live in Zoom now.(The New York Times) “If someone can figure out how to invent a party atmosphere in this socially distant format, then I think it will be a mainstay.”