While Retail Gently Weeps, Institutions Are Accumulating: The Curious Case Of Zscaler

Oct. 07, 2022 6:17 PM ETZscaler, Inc. (ZS) StockZS13 Comments

Summary

  • As everyone knows, the market is going to zero.  There are less people not working than was expected, and that just won't do.  We're doomed!
  • Stocks sold off hard today off the back of the nonfarm payroll numbers and the assumed hardball reaction from the Fed.
  • But while retail bemoans the absence of a "Fed pivot" and duly sells stocks back into the dip whence they came, institutions are doing what institutions do.
  • Quietly getting on with business.  And right now that business is buying, not selling.
  • Here's what's happening at way too scary, going to zero, loss-making tech stock, Zscaler.
  • Looking for a helping hand in the market? Members of Growth Investor Pro get exclusive ideas and guidance to navigate any climate. Learn More »
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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.

Alex runs the investing group Growth Investor Pro. Features of the full service include: A weekly webinar, real-time trade alerts in covered stocks or ETFs, a vibrant and welcome community chatroom, access to all covered stock ratings and charts, as well as access to Alex and his team for questions. Learn More.

Analyst’s Disclosure:I/we have a beneficial long position in the shares of ZS 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

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