Zscaler Stock Price Plunges: Buy the Dip Candidate

Key PointsZscaler had another beat-and-raise quarter, catalyzing the analysts to defend their positions and raise price targets. The post-release plunge is a knee-jerk reaction to slowing growth and a buy-the-dip opportunity. Cash flow is robust, aiding balance sheet improvements and increasing shareholder equity. 5 stocks we like better than ZscalerZscaler NASDAQ: ZS had a robust Q2 and raised its guidance, but it was not enough to lift the market. The results and valuation suggest the stock is priced to p ...