Zscaler (ZS) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
Danielle Shay, Simpler Trading VP of options, joins 'Power Lunch' to discuss three stocks: ZScaler, Tyson Foods and ScottsMiracle-Gro.

Zscaler Stock Soars on Fresh Forecast

02:58pm, Monday, 08'th May 2023
Zscaler Inc (NASDAQ:ZS) is soaring today, up 22.5% at $109.60 at last glance, after the cloud security name raised its full-year forecast and announced better-than-expected preliminary fiscal third-qu

These 2 Stocks Are Soaring in a Choppy Market

11:58am, Monday, 08'th May 2023
Markets gave up a bit of ground Monday morning. Shares of Zscaler jumped after the cybersecurity specialist released preliminary quarterly results that were better than most investors had expected.
Zscaler released preliminary financial results, showing better growth numbers than the market anticipated. The company also modestly raised full-year guidance, which the market liked as well.
Shares of Zscaler Inc. were rocketing 22% in premarket trading Monday after the cybersecurity company said that it expects to report better-than-expected results for its just-completed quarter.
Zscaler preannounced fiscal Q3 revenue well above the cybersecurity firm's prior guidance. ZS stock soared after tumbling to multiyear lows.
Full Third-Quarter Earnings Results to be Released on Thursday, June 1, After the Close of the Market Full Third-Quarter Earnings Results to be Released on Thursday, June 1, After the Close of the Mar
We have narrowed our search to five large-cap stocks currently trading at a deep discount to their 52-week highs. These are: AMZN, PAYC, OKTA, ZS, MDB.
CrowdStrike's analyst day and Cloudflare's quarterly-earnings report both indicated slowing growth for the industry. Growth stocks are struggling against high interest rates and slowing economies acro
Zscaler's underperformance relative to peers over the last year has left it undervalued compared to other cybersecurity stocks. Zscaler also looks undervalued based on fundamentals, although lack of p
Shaul Eyal, Cowen senior analyst, joins 'Closing Bell: Overtime' to discuss the pressure on the cybersecurity sector.
Cybersecurity stocks had a bad week after the effects of the Silicon Valley Bank failure showed up in earnings reports — and after a strength that many companies relied on last earnings season shift
Tenable and Zscaler are both growing companies in the cybersecurity space. While they offer strong products, both companies are facing tough macro headwinds.
Zscaler: Finally Looks Cheap But Will Likely Disappoint On Guidance.
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