Zoom video conference stock - how can I invest in it?
On twitter there are articles on how people bought the wrong zoom stock but that the real zoom stock also did really well. These are all US investors discussing. How can I hold shares in Zoom?
To answer your main question on how can you invest in the Zoom stock from India?
You need a broker to help you trade US stocks from India. You will have to create a trading account with a brokerage house and get your KYC done by giving your PAN, Bank Account, Voter ID, Bank Statement, etc. Post this you’ll need to transfer funds into your account to trade US stocks. Although, the easiest way to go through all this in a smooth and nearly automated manner is through the Cube Wealth App. Cube’s in-app support will help you through everything.
I got my account setup & bought my first stock in 15 days. And I didn't had to make any bank visits or do calls which would interrupt my daily routine.
Also, like Zoom now, there are many more who have provided tremendous return & these were the main reason for me to start investing in US markets.SpoilerHere's my two centsIn my current times of economic slowdown, the investment in US stocks has paid of for me. All my foreign investments have strong returns
Here’s a list of top 5 companies whose stocks performed the best, with reinvested dividends, from the end of 2009:
|Company||Ticker||Factset industry category||Total return - Dec. 31, 2009, Through Dec. 5, 2019|
|Netflix Inc.||US:NFLX||Cable/Satellite TV||3,767%|
|MarketAxess Holdings Inc.||US:MKTX||Investment Banks/Brokers||3,182%|
|Abiomed Inc.||US:ABMD||Medical Specialties||2,121%|
|TransDigm Group Inc.||US:TDG||Aerospace & Defense||2,065%|
For a more comprehensive answer, do have a look at our blog post covering the same subject: https://www.bankoncube.com/investing-in-us-market-from-india-the-complete-guide/
Additionally, we also covered this topic in an episode of the #CubeWealthShow: https://www.youtube.com/watch?v=iCl-UxiAOaQ&feature=emb_logo
Hope this was helpful.