Zscaler: Buy Ze Dip
Portfolio Pulse from
Zscaler reported better-than-expected earnings and raised its FY 2025 guidance, yet its stock dropped 8% pre-market. Despite the selloff, Zscaler appears undervalued at $190, with strong growth prospects, making it a compelling buy.
December 03, 2024 | 5:00 pm
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Zscaler reported strong earnings and raised its FY 2025 guidance, but its stock dropped 8% pre-market. The company appears undervalued at $190, with strong growth prospects, making it a potential buy.
Zscaler's better-than-expected earnings and raised guidance indicate strong future performance. The 8% stock drop seems an overreaction, presenting a buying opportunity given the company's growth prospects and historical outperformance.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100