Zscaler Stock: Josh Brown Says It's 'On The Verge' Of Breaking Out!

Ladies and gentlemen, buckle up! We've got a hot stock tip for you today, and it's one that you won't want to miss. Josh Brown, the financial guru known for his no-nonsense approach to investing, has his eyes on Zscaler, and he's saying it's on the verge of breaking out. Let's dive in and see why this stock is about to take off like a rocket!



First things first, let's talk about the numbers. Zscaler has been crushing it with its financial performance. We're talking about a 23% year-over-year revenue growth, an 18% year-over-year billings growth, and an operating margin of 21.7%. These are not just good numbers; they're phenomenal! The company is not only growing but doing so at an accelerated pace. This is the kind of growth that gets investors excited, and rightfully so.

Now, let's talk about the analysts. They're all over Zscaler like a cheap suit. Out of 30 analysts, 30 have given it a "Strong Buy" rating, 24 have given it a "Buy" rating, and 6 have given it a "Hold" rating. Not a single "Sell" rating in sight! The average price target is $238.03, which is a 12.52% upside from the last price of $211.55. That's a no-brainer, folks! If you're not already in on this action, you're missing out on a golden opportunity.

But it's not just about the numbers. Zscaler's Chairman and CEO Jay Chaudhry has a vision, and it's a big one. He's talking about "leapfrogging to and freeing themselves from firewalls and other legacy appliances forever." This is the kind of forward-thinking that gets investors drooling. Zscaler is not just keeping up with the times; it's setting the pace.



Now, let's talk about the technical indicators. The current sentiment is bullish, with a Fear & Greed Index of 39 (Fear). The stock has recorded 18/30 (60%) green days with 3.68% price volatility over the last 30 days. The 50-day SMA is $200.23, and the 200-day SMA is $190.73, both of which are below the current price, indicating an upward trend. This is a stock that's on the move, and it's not slowing down anytime soon.

So, what's the bottom line? Zscaler is a stock that's on the verge of breaking out, and Josh Brown is on it like white on rice. With its strong financial performance, positive analyst ratings, and bullish technical indicators, Zscaler is a no-brainer for any investor looking to get in on the ground floor of the next big thing. Don't miss out on this opportunity, folks! BUY NOW!