|Bid||77.72 x 2900|
|Ask||77.86 x 1400|
|Day's Range||76.61 - 78.93|
|52 Week Range||30.72 - 80.38|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||77.93|
Despite huge spending on cybersecurity, data breaches continue. But new "zero trust" models could usurp firewalls as the best way to stop cyberattacks and ensure insiders are secure.
The San Jose company video conferencing company's shares ended Friday up by more than 159 percent above their April IPO price.
During a stock market correction, there are four key steps to properly position your watch list and portfolio.
Zscaler (ZS) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
Zscaler, Inc. (ZS), the leader in cloud security, announced today it has signed a global alliance partnership agreement with NTT Communications Corporation to deliver cloud-based internet and web security that scales to all users, regardless of location, enabling enterprises to securely embrace the cloud. The expansion of enterprise cloud services and a diversifying network access environment are increasing the demand for advanced security measures, policy control, and solutions for enabling cost reduction based on the cloud environment. “As a DX Enabler™ of digital transformation, we wish to provide services that help customers transform existing businesses and create new ones.
The stock market remained strongly in positive territory late Tuesday, as the tech-heavy Nasdaq led the rebound from Monday's big drop with other major indexes not far behind.
In his second "Executive Decision" segment Friday on Mad Money, Jim Cramer sat down with Jay Chaudhry, chairman and CEO of Zscaler, Inc. , the cloud security platform which just reported a four-cent-a-share earnings beat with a 61% rise in revenues. Chaudhry said Zscaler is disrupting legacy security systems, many of which are still protecting offices rather than protecting data no matter where it lives.
The stock market correction tumbled to new lows as President Donald Trump announced tariffs vs. Mexican goods even amid an escalating China trade war.
U.S. equities were hit on Friday thanks to a surprise tariff tweet from President Trump toward Mexico. It's got investors spooked about an escalating trade war. Let's look at some top stock trades going into next week. Top Stock Trades for Tomorrow 1: Okta Click to EnlargeWhat a beast. Just like Veeva (NASDAQ:VEEV) -- which we covered yesterday -- Okta (NASDAQ:OKTA) is outperforming in a tough day on Wall Street. Shares are up 7% after reporting earnings and, also like Veeva, are running into possible channel resistance.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThe thing with these high-valuation, high-growth stocks is that when they are ready to move on, they can clear prior levels and trends in a hurry to establish new ones. Fighting a bearish overall tape makes this tough to do, but it can be done. * 10 Heavily Shorted Stocks to Sell -- Because the Bears Are Right In this case, Okta would have needed to maintain today's highs near $120 to breakout over channel resistance. If we get a rebound next week, see if Okta can persist higher above this level. On a pullback, see if $107 to $110 can buoy the name. The latter is channel support, while the former is the 20-day moving average.Below and $98 may be on deck, the stock's 50-day moving average. Top Stock Trades for Tomorrow 2: Zscaler Click to EnlargeZscaler (NASDAQ:ZS) has been a great trade throughout May, but now shares are breaking down. The stock fell below its breakout zone at $72.50 and Friday's 6.5% drop is hurting too.It's clinging to uptrend support and has lost its 20-day and 50-day moving averages. I'm not feeling good about ZS, at least not in this market. If it can rebound and reclaim $72.50, I'll change my mind. But below $67 could create issues. On the downside, see if it fetches a bid in the low $60s. If not, the gap-up level at $55 may be in the cards. Top Stock Trades for Tomorrow 3: Twilio Click to EnlargeTwilio (NYSE:TWLO) has a secondary offering coming in the midst of this market mess and is still holding up. Shares ended higher by almost 4% on Friday.I love seeing strength on a down stretch in the market. Love it. These are the names that do well when the market bottoms and buyers come back. But Twilio stock still has me concerned.The 20-day moving average is starting to roll over, as is the 50-day. Should the former cross below the latter, it'll signal that short-term momentum has waned, and will be exacerbated should TWLO find this conflux as resistance. Reclaiming $132.50 would negate this concern, while losing the two-day low (near $123) would confirm it.It would force buyers to step in in the low-$120s and should the selling overwhelm them, the 38.2% retracement near $110 is the next line in the sand. I love TWLO, but keep in mind that it's still a double from the October lows and up 450% since January 2018. Top Stock Trades for Tomorrow 4: AT&T Click to EnlargeAT&T (NYSE:T) has been trading really well so far in 2019. Its series of higher lows have allowed AT&T to push new 52-week highs this year. But after a slight pullback over the past few sessions, the floor gave on Friday.The stock tumbled over 4%, with reports suggesting Amazon (NASDAQ:AMZN) -- which doesn't look so hot itself and may well test the 200-day like we've been waiting for -- might be interested in Boost Mobile.It seems silly for T to fall on this, but no one wants to go against Amazon…in anything.So we're seeing AT&T get lit up on Friday, with bulls hoping support comes into play soon. At $30.46 is the 200-day moving average, with the 38.2% retracement sitting at $30.35. Below this area and $29.50 may be the next line in the sand -- although its post-earnings lows are still north of $30.The sooner it reclaims the 50-day, the better. If not, more choppiness is to be expected. Top Stock Trades for Tomorrow 5: Constellation Brands Click to EnlargeConstellation Brands (NYSE:STZ) is getting hit on Friday too, down almost 6% on the day. A potentially escalating trade war with Mexico is obviously negative news for the owner of Corona, Modelo and various tequilas.A few days ago, the 200-day moving average gave way, making Friday's action even harder on the bulls. * 7 Stocks to Buy for Monster Growth If STZ can stay above $175, it opens up the possibility of shares reclaiming the 38.2% retracement at $180.50. If $175 eventually gives way as support -- either in the next few days or if the 38.2% is resistance -- then a test of $165 is possible. That level has attracted buyers in the past, although an escalating trade war with Mexico likely keeps STZ under pressure.Bret Kenwell is the manager and author of Future Blue Chips and is on Twitter @BretKenwell. As of this writing, Bret Kenwell is long AMZN and T. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 Stocks to Buy for Monster Growth * Ranking the Top 10 Stock Buybacks of Last Year * 5 Stocks Under $10 With Big Upside Potential Compare Brokers The post 5 Top Stock Trades for Monday: OKTA, T, STZ, TWLO appeared first on InvestorPlace.
The Suynnyvale could be valued as high as $4.5 billion and would be only the seventh venture-backed U.S. cybersecurity business to be valued at more than $1 billion in its Wall Street debut.
Zscaler Inc (NASDAQ: ZS ) is among the best plays in cloud security, a market that still seems to be in the early stages of success, Wedbush said after the company reported third-quarter results. The ...
President Trump said he'll slap a tariffs on all Mexican goods starting June 10, sending stock futures tumbling. GM and Ford shares fell too.
Stock futures: Uber rose late in its first earnings report since its IPO. Cybersecurity stocks Zscaler and Okta and top retailers Costco and Ulta Beauty also moved on earnings.
Zscaler (ZS) delivered earnings and revenue surprises of 400.00% and 5.96%, respectively, for the quarter ended April 2019. Do the numbers hold clues to what lies ahead for the stock?
Zscaler earnings and revenue for its fiscal third quarter beat Wall Street estimates, while guidance met expectations. Amid high expectations, Zscaler stock seesawed in late trading.
Zscaler stock is the IBD Stock Of The Day. The leading cybersecurity stock has proved it can vastly outperform the market. An options play is relevant now.
Zscaler Inc. shares dropped in the extended session Thursday even after the cloud-based cybersecurity company topped Wall Street estimates for both its results and outlook. Zscaler shares fell 6.3% after hours, following a 2.6% rise to close the regular session at $72.99 for an 86% year-to-date gain. The company reported a fiscal third-quarter loss of $12.2 million, or 10 cents a share, compared with a loss of $10 million, or 14 cents a share, in the year-ago period. Adjusted earnings were 5 cents a share. Revenue rose to $79.1 million from $49.2 million in the year-ago quarter. Analysts surveyed by FactSet had forecast earnings of a penny a share on revenue of $74.9 million. Zscaler expects adjusted earnings of a penny to 2 cents a share on revenue of $81 million to $83 million, while analysts had forecast a penny a share on revenue of $78.9 million.
Zscaler was one of the exceptions in software as it got back above yesterday's losses and cleared its 50-day line.