How Has Zoom Soared 676% This Year, but Still Costs Only $1?

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.