Ironically, TSLA stock is another one of Cathie Wood’s top holdings. But Wood’s bullish case effectively denies that things are so black and white. Multiple CEOs - including Tesla (NASDAQ: TSLA) CEO Elon Musk - have called for workers to return to the office. In our mean projection, we expect 75% of all global knowledge workers to participate in such arrangements, up from 51% in 2021.” “We believe current pivots back to in-office mandates could be part of a trial-and-error process for employers that will increase the percent of workers in hybrid/remote working models during the next five years. Published yesterday, ARK Invest’s bull thesis for ZM stock argues the following: Even her bearish case “points to a stock price of $700.” That’s a gain of more than six times the current price. But Cathie Wood sees a massive bull run in its future. Investors are questioning Zoom’s long-term growth prospects. As remote work culture has shifted, though, shares have faced turbulence. While markets tanked, ZM spiked alongside Peloton (NASDAQ: PTON) and Shopify (NYSE: SHOP). Zoom is probably most closely associated with the early lockdown days of the pandemic.
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