The Great Repricing Crushed This Cybersecurity Growth Stock. That's a Buying Opportunity.
Zscaler (NASDAQ: ZS) was one of the market's hottest cybersecurity stocks, reaching an all-time high of $368.78 per share on Nov. 19, 2021. But today, it trades at about $139. Zscaler's stock initially lost its luster as its growth cooled, but macro headwinds -- including rising interest rates and geopolitical conflicts -- further compressed its valuation. Yet after that steep sell-off, Zscaler's stock might be a good contrarian play for patient investors. Will AI create the world's first trillionaire? Our ...