79% of These Wall Street Analysts Recommend Buying This Monster Growth Stock
The U.S. is in the throes of an economic slowdown as inflation soars and interest rates tick higher, squeezing the spending power of consumers. It's a challenging time for the corporate sector, but especially for technology companies, which have seen their valuations mercilessly slashed this year.
But when it comes to growth, one innovator is bucking the trend. Zscaler (NASDAQ: ZS) just reported its financial results for the fiscal 2022 year ended July 31, and its sales grew at the fastest pace in its history as a public company.
Zscaler is in the cybersecurity business, which is front of mind for most of its corporate customers as they continue migrating their businesses into the cloud. The overwhelming majority of Wall Street analysts who cover Zscaler stock are calling it a buy -- in fact, not a single one recommends selling.
Source Fool.com
