1 Top Growth Stock Down 55% Worth Buying Today

Reported 4 months ago

The article discusses the potential investment opportunity in Zscaler, a leading company in zero-trust security, despite its stock being down 55% from its high. Zscaler's innovative security solutions and strong financial performance, with revenue growth of 36% in fiscal 2024 and a quarterly profit, make it an attractive option for investors. Despite recent setbacks in its stock performance, Zscaler's current valuation at a price-to-sales ratio of 13, coupled with its rapid revenue growth, suggests it could have significant upside potential in the near term, making it a stock to consider buying at a discount.

Source: YAHOO

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