4 Reasons to Buy Zscaler, and 1 Reason to Sell
Zscaler's (NASDAQ: ZS) stock price jumped 13% on Friday, May 27, after the cybersecurity company posted its third-quarter earnings report. Its revenue rose 63% year over year to $286.8 million, which beat analysts' expectations by $15.3 million. Its adjusted net income increased 15% to $24.7 million, or $0.17 per share, which also topped estimates by six cents.
Those growth rates were impressive, but will Zscaler's stock stabilize after being cut in half over the past six months? Let's review four reasons to buy Zscaler and one reason to sell it to find out.
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Source Fool.com
