5 Best ARK Stocks To Buy Now

2. Zoom Video Communications, Inc. (NASDAQ:ZM)

Value of ARK Investment Management’s 13F Position: $801.494 million

Number of Hedge Fund Holders: 40

Zoom Video Communications, Inc. (NASDAQ:ZM) is an American video communications technology company headquartered in California. The company’s video communication platform holds 55.4% of the total market share with its closest competitor, Microsoft Teams, covering 20.93% of the market share. Zoom Video Communications, Inc. (NASDAQ:ZM) takes the second spot in our list of best ARK stocks.

ARK Investment Management was quite bullish on Zoom Video Communications, Inc. (NASDAQ:ZM) in Q3 2022 and increased its holdings in the company by 14%.