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Zoom video conference stock - how can I invest in it?  

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Rahul Gaitonde
(@rahulgaitonde)
Eminent Member

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?

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Posted : 20/04/2020 6:22 pm
Sagar.Bhatnagar
(@sagar-bhatnagr)
Admin

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.

Spoiler
Here's my two cents
In 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:

CompanyTickerFactset industry categoryTotal return - Dec. 31, 2009, Through Dec. 5, 2019
Netflix Inc.US:NFLXCable/Satellite TV3,767%
MarketAxess Holdings Inc.US:MKTXInvestment Banks/Brokers3,182%
Abiomed Inc.US:ABMDMedical Specialties2,121%
TransDigm Group Inc.US:TDGAerospace & Defense2,065%
Broadcom Inc.US:AVGOSemiconductors1,919%

ReplyQuote
Posted : 30/04/2020 9:04 am