The Nasdaq Composite (NASDAQINDEX: ^IXIC) has seen its share of big drops followed by big rebounds, and Thursday was merely another instance of that phenomenon. As of just after 2:30 p.m. EDT, the Nasdaq was up nearly 2.5%. Shares of Peloton Interactive were down more than 5%.

The Russell 1000 Index is a market-capitalization-weighted index of the 1000 largest publicly traded companies in the U.S. It represents approximately 92% of the total market capitalization of all listed stocks in the U.S. equity market. Value investing is a factor-based investing strategy in which you pick stocks that you believe are trading for less than what they are intrinsically worth, usually by measuring the ratio of the stock’s price to one or more fundamental business metrics. Value investors believe that if a business is cheap compared to its intrinsic value, in this case as measured by its P/E ratio, the stock price may rise faster than others as the price comes back in line with the worth of the company.

Are investors in the videoconferencing specialist taking profits after the stock’s massive run-up this year?

Yes, shares in Zoom Video have soared during the coronavirus crisis. But post-pandemic, what’s the outlook for Zoom stock as Wall Street looks ahead? Is ZM stock a buy right now ahead of Zoomtopia?

Zoom Video Communications (NASDAQ: ZM) has had a very good run this year, with its share price climbing from $68.80 on Jan. 2 all the way to $528.10 near the end of October. While there’s an argument to be made that Zoom may be overvalued, rising coronavirus cases and Zoom’s plans for growth (including expansion into online event hosting) suggest the stock could still be a buy. Instead, many major brokerage firms now allow you to buy fractional shares.