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StockNews.com
StockNews.com
Business
Dipanjan Banchur

Zoom Video Communications (ZM) vs. Uber Technologies (UBER): Which Tech Stock Is the Better Value Buy?

The tech sector was among the hardest hits last year as the Federal Reserve undertook aggressive interest rate hikes to curb record-high inflation. However, the sector has staged a remarkable comeback this year as inflation continues to ease, and the Fed contemplates pausing rate hikes.

The tech-heavy Nasdaq Composite has outperformed the S&P 500 and the Dow Jones Industrial Average, rising 31.1% year-to-date. In this piece, I have compared popular tech names Uber Technologies, Inc. (UBER) and Zoom Video Communications, Inc. (ZM) to determine the better value buy.

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