11 Best Affordable Growth Stocks to Buy Now

Page 7 of 10

4. Zoom Communications, Inc. (NASDAQ:ZM)

Zoom Communications Inc. (NASDAQ:ZM) is one of the best affordable growth stocks to buy now. On March 2, at the Morgan Stanley Technology, Media & Telecom Conference 2026, Zoom Video Communications Inc. (NASDAQ:ZM) CFO Michelle Cheng reiterated their focus on AI integration and enterprise revenue growth.

The company plans to integrate artificial intelligence into its core offerings, including workplace and phone, in addition to exploring new monetization routes. Part of the AI strategy involves a federated approach, leveraging SLMs and LLMs for cost and quality optimization.

Zoom Video Communications also plans to enhance customer experience through AI while focusing on the Contact Center, which presents a $200 billion market opportunity. It’s also focused on merger and acquisition activities, with a focus on small- and medium-sized deals, to accelerate underlying growth.

Earlier on February 26, Cantor Fitzgerald reiterated a Neutral rating on the stock and an $87 price target. The Neutral stance follows strong fourth-quarter fiscal 2026 results driven by large customers and bundling across the product set, including Phone and CX. Revenue in the quarter totaled $1.25 billion, better than the $1.23 billion expected, with earnings per share of $1.44.

Zoom Communications, Inc. (NASDAQ:ZM) provides a cloud-based, AI-powered platform for video conferencing, online meetings, team chat, and voice communications. Known for its user-friendly interface, it offers enterprise-grade services, including Zoom Phone, Zoom Rooms, contact centers, and the Zoom Workplace collaboration suite for remote and hybrid work.

Page 7 of 10