Advertisement

Is RingCentral the Best Stock You Don't Own?

Is RingCentral the Best Stock You Don't Own?

It's not fair to call RingCentral (NYSE: RNG) a pandemic play, and that makes the recent market rotation out of the next-gen telco platform operator all the more frustrating. RingCentral stock has surrendered nearly 30% of its value since hitting an all-time high two months ago, and at least one Wall Street pro likes the opportunity to buy. BofA analyst Daniel Bartus is reinstating coverage of RingCentral with a buy rating.