This COVID Growth Stock, Down 88% From Its Peak, May Be A Hidden Gem Amid Trump's Tariffs

On April 2, the White House published a detailed press release that outlined a host of new tariff policies under the Trump administration. While the president marked his announcements as "Liberation Day," many on Wall Street haven't taken these tariff actions lightly. As the S&P 500 and Nasdaq Composite levels continue to fall off a cliff, finding opportunities amid this bearish market environment is becoming increasingly arduous for investors.

My guess is that for the time being, the Trump administration is going to be conducting many meetings with foreign officials -- hopefully leading to some more balanced trade negotiations. But until that happens, I would not be surprised to see the capital markets continue to exhibit outsized volatility. Even so, some stocks have likely fallen a bit too dramatically following the initial toll the tariff news had on the markets.

Below, I'm going to explore why the once high-flying growth stock Zoom Communications (NASDAQ: ZM) could actually be a good buy right now amid the tariff tornado.

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