Shares of cybersecurity disruptor (NASDAQ: ZS) rocketed 50.4% higher in May, according to data from S&P Global Market Intelligence.

Zscaler had fallen far off its all-time highs coming into the month, as the bubble-like valuations of the pandemic period ran into rapid interest rate increases, fears over recession, and a slowdown in software purchasing on the part of large enterprises over the past year.

However, Zscaler seemed to prove its unique advantages in May, as it preannounced third-quarter revenue and earnings far above its initial guidance given in early March. That bucked the slowing trend other software firms have recently experienced, showing Zscaler to be a standout all-star stock in the cybersecurity realm.

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Source Fool.com