3 Things About Zscaler That Smart Investors Know

(NASDAQ: ZS) went public at $16 per share on March 15, 2018. It now trades at around $150, so a $1,000 investment in its initial public offering would have grown to nearly $9,400 in just over five years.

The cybersecurity company dazzled the bulls with its impressive growth rates. Between fiscal 2017 and fiscal 2022 (which ended last July), Zscaler's revenue rose at a compound annual growth rate (CAGR) of 54%. It currently serves more than 6,000 customers, including 30% of the Fortune 500, and secures over 300 billion transactions daily.

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Source Fool.com