Despite ZS' elevated valuation and slowing growth, its long-term prospects in AI-driven cybersecurity justify holding the stock.
Zscaler (ZS) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
As U.S. markets rally to new heights following a robust jobs report, investor confidence in the economy's resilience is on the rise, with major indices like the Dow Jones Industrial Average reaching record levels. In this thriving market environment, growth companies with high insider ownership are particularly appealing as they often indicate strong internal confidence and alignment between management and shareholders.