The Many Reasons To Trust Zscaler
It's Almost As If The Bad Guys Keep Stepping Up
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You Can Come Out From Under The Desk Now!
Well folks that was a fun four months, er, not. Whilst it’s true that anything can happen with stocks, and usually does, our best judgment is that the market has finished its latest bout of self-harm and is now settling in for a quiet move up. This makes total sense if you think about it. It’s not as if the macro backdrop is totally messed up, or that real grownup actual countries are invading countries next door for no reason at all, or that food is nearly as expensive as gas which is nearly expensive as palladium which is nearly as expensive as…. oh you get the point. World’s all messed up, the phrase World War Three is being bandied about on the actual news, nobody can afford anything, so, of course … the market’s going up!
If you want our take on why that is, read this note we just published on Seeking Alpha. We hope you can access it - it’s not behind any paywall of ours but if you’ve read a lot of SA stuff recently you may hit their metered paywall. It’s a good note. But, if do you get blocked by any kind of paywall the note basically says: the market went down about the right amount, now it’s going to go up again, because, that’s what markets do. (There’s a bit more science in it than that. But not that much more).
Now, today’s topic is Zscaler ($ZS), which might trade at a revenue multiple designed to annoy your grandpa no end, but which is in our humble opinion one mighty company and indeed a promising stock.
So without futher ado, let’s dive in. We’ll cover what the company does, the numbers, the valuation, the stock chart, and our stock price outlook.