ZS - Is Zscaler a Buy on the Dip?
2024-04-07 07:30:00 ET
Cybersecurity has been one of the hottest investment sectors in recent years. Given the number of high-profile cybersecurity attacks and breaches, this probably should not be surprising. For example, the casino industry was hit with attacks on MGM Resorts and Caesars Entertainment last year, while this earlier this year UnitedHealth Group subsidiary Change Healthcare was the victim of a ransomware attack.
Unrelenting cybersecurity attacks across various industries, meanwhile, continue to fuel spending to help thwart and prevent these attacks. One company trying to help prevent these cybersecurity attacks is Zscaler (NASDAQ: ZS) .
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Is Zscaler a Buy on the Dip?