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thanks to our friends at the Motley Fool For sponsoring this video visit full.com forward slash arrive to receive the top 10 stocks to buy right now a down stock market means there's a lot more deals out there for investors so we wanted to highlight a few companies that we think are just too cheap to pass up right now and joining me to discuss that is John Quast John how are you doing and what is your first stock for us today hey Travis thanks for having me and I'm glad to be here because I do want to talk about Zoom Video Communications symbol ZM I know that you've heard about it as a consumer you've probably used its video conferencing software however what you may not realize is that recently Zoom has become primarily an Enterprise solution not a consumer level solution so what does that mean a vast majority of zoom's Revenue now coming from Enterprise customers and these customers tend to sign long-term deals and so we can actually track this under remaining performance obligations for Zoom so zoom's Revenue up by a single digit percentage in the most recent quarter however its remaining performance obligations up 31 year over year to a record 3.2 billion now another interesting thing about zoom's Revenue people all talking about how zooms growth is slowing but one of the interesting things that is how happening is the revenue is being recognized over a longer period of time so last year at this time 67 percent of its remaining obligations was going to come in in less than a year okay so roughly two-thirds of the Rev or the remaining performance obligations in 12 months or less now it is 59 of Revenue so almost half of the revenue being recognized over the next year so going from two-thirds to a half what this is saying is it's signing longer contracts with its customers and so maybe you're not seeing that Revenue growth right now but the RPO is up 31 and most of that is being pushed back towards the uh into these longer deals and so I think that really bodes well for the stability of Zoom as a core business they do have a lot of ancillary products that they're trying to launch they have time to do that trading at five times sales is cheapest valuation since it's been a public company I think that you look at Zoom here question for you on Zoom does this mean that individual customers so people that have been paying ten dollars a month twenty dollars a month for access to zoom just because it was it was convenient to have um have been canceling their subscriptions but companies have been increasing their subscriptions or maybe increasing the capabilities that they're having in that subscription is that is that the right way to think about it that's absolutely what's happening and so they can actually break that...