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Cybersecurity Zscaler Stock Earns 81 RS Rating; Boosts Cloud Protection With Trustdome Buy

Zscaler (ZS) saw a welcome improvement to its Relative Strength (RS) Rating on Friday, rising from 77 to 81.

The cloud-based cybersecurity firm recently purchased startup Trustdome, boosting it cloud protection portfolio. For the latest Cybersecurity stock news, check out “Cybersecurity Stocks To Buy: Microsoft Looms As Bigger Threat Amid Shift To Cloud.”




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When you’re researching the best stocks to buy and watch, be sure to pay attention to relative price strength.

This exclusive rating from Investor’s Business Daily tracks price performance with a 1 (worst) to 99 (best) score. The grade shows how a stock’s price performance over the last 52 weeks holds up against all the other stocks in our database.

Over 100 years of market history shows that the market’s biggest winners typically have an 80 or better RS Rating as they begin their biggest runs.


Looking For Winning Stocks? Try This Simple Routine


Is Zscaler Stock A Buy?

Zscaler stock is building a consolidation with a 230.98 buy point. It’s hugging its 50-day moving average. See if the stock can clear the breakout price in volume at least 40% above average. Keep in mind that it’s a later-stage consolidation, and those entail more risk. Read “Looking For The Next Big Stock Market Winners? Start With These 3 Steps” for more tips.

 

EPS growth declined last quarter from 250% to 0%, but sales rose from 52% to 55%.

The company holds the No. 6 rank among its peers in the Computer Software-Security industry group. Crowdstrike Holdings (CRWD) and Palo Alto Networks (PANW) are also among the group’s highest-rated stocks.

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