Better Buy: Facebook vs. Zoom Video Communications

Better Buy: Facebook vs. Zoom Video Communications

Last April, Facebook (NASDAQ: FB) introduced Messenger Rooms, which provided free video calls for up to 50 people at once, to keep pace with Zoom Video Communications (NASDAQ: ZM) during the pandemic. Zoom's stock price initially dipped after Facebook's move, but it quickly recovered and remains up nearly 300% over the past 12 months. Facebook's stock only rose about 20% during the same period, as ongoing concerns about its core advertising business kept the bulls at bay.