Zoom Video Communications (NASDAQ: ZM) was already a high-growth company before the pandemic hit. As a result, Zoom's stock price rallied nearly 400% last year. Zoom's revenue still rose 71% year over year in the first nine months of fiscal 2022, but its full-year forecast for 54% growth indicates its momentum is gradually fading.
The stock market may be uncertain, but there are still plenty of opportunities for savvy investors. If you're looking for new ideas, keep reading to see why our writers recommend Teladoc (NYSE: TDOC), Duolingo (NASDAQ: DUOL), AT&T (NYSE: T), MercadoLibre (NASDAQ: MELI) and Zoom Video Communications (Nasdaq: ZM) as top stocks to buy in December. Keith Speights (Teladoc Health): There's a good chance that the omicron variant will be the most important factor affecting the stock market in December.
If the market turns cold this winter, it might be hard to find stocks that won't suffer some losses, but there are dozens of companies in the public markets that will have resilient business models even during market downturns. While PayPal (NASDAQ: PYPL) and MercadoLibre (NASDAQ: MELI) have both already grown over the past five years, they could still see multi-bagger returns over the next decade. This fintech stock has made impressive moves to become one of the USA's most popular payment solutions not only for consumers but merchants as well.