2 Growth Stocks Down 45% and 73% to Buy on the Dip, According to Wall Street

Looking ahead, Zscaler values its addressable market at $96 billion, and Wall Street expects the company to grow adjusted earnings per share at 18% annually through fiscal 2027 (ends July 2027). In that context, its current valuation of 68 times adjusted earnings look rather expensive. On the latest earnings call, CEO Chad Richison told analysts that Paycom has made "meaningful progress on the international front." However, he also said the company has captured just 5% of its addressable market in the U.S., ...