Will Zscaler Crater Like Okta?

Sep. 02, 2022 10:26 AM ETZscaler, Inc. (ZS) StockCRWD, OKTA, ZS21 Comments

Summary

  • Is it all over for cybersecurity stocks? Okta just dropped another 30% after an already torrid year for the stock.
  • CrowdStrike on the other hand has moved up well since its lows in May.
  • Zscaler is due to report earnings next week - will it plumb the depths like Okta, or hold up like CrowdStrike?
  • We investigate below. Read on!
  • Looking for a helping hand in the market? Members of Growth Investor Pro get exclusive ideas and guidance to navigate any climate. Learn More »

Cybersecurity concept of data protection in digital technology. There is a padlock in a prominent shield on the left, an abstract circuit surrounding the binary and fractal code. perspective design.

TU IS

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This article was written by

Cestrian Capital Research, Inc. is an independent, SEC-regulated investment research business led by CEO Alex King. Alex is a professional investor with 3 decades of experience. Cestrian specializes in covering growth stocks, index ETFs and index options, long-run investing, swing trading and risk management via hedging.

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Analyst’s Disclosure:I/we have a beneficial long position in the shares of ZS, OKTA either through stock ownership, options, or other derivatives.

Business relationship disclosure:See disclaimer text at the top of this article.


Cestrian Capital Research, Inc staff personal accounts hold long positions in ZS and OKTA.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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