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RingCentral Stock: From Pandemic Darling To “High-Risk” Stock To Avoid

“You’re on mute.”

Tell me if you’ve heard that one after the COVID pandemic changed our lives.

Not only did it change how we approach our health, but it also brought our work closer to home.

According to the U.S. Census Bureau, between 2019 and 2021, the percentage of Americans working from home tripled to 17.9%.

That means more than 27 million people were working from home last year!

Companies with products designed specifically to help people work from home boomed:

Cloud services.
Video conferencing.
Chat programs.

But with our Stock Power Ratings system, you can see that, while software as a service is popular, many of the stocks within this industry are not.

This is the case with RingCentral Inc. stock.

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The post Stock to Avoid appeared first on Money & Markets, LLC.