Could Zscaler Be in the "Magnificent Seven" of Cybersecurity Stocks?

By Neil Rozenbaum – Mar 4, 2024 at 12:00PM

NASDAQ: ZS

Zscaler

Market Cap

$27B

Today's Change

(1.28%) $2.24

Current Price

$177.05

Price as of April 26, 2024, 4:00 p.m. ET

The need for best-in-class cyber solutions will only increase throughout the years. Is Zscaler stock a buy?

In this video, I will cover Zscaler's (ZS 1.28%) latest earnings report and some key points mentioned during the call and explain why the stock crashed after earnings.

*Stock prices used were from the trading day of Feb. 29, 2024. The video was published on March 3, 2024.

Neil Rozenbaum has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Zscaler. The Motley Fool has a disclosure policy. Neil is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.