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With a government shutdown seemingly averted, the equities market — which had been teetering amid serious macroeconomic concerns — bounced higher on Friday. Still, investors aren’t out of the woods just yet. With President Donald Trump launching another trade war, the nation faces significant uncertainty. As such, many have abandoned growth-oriented tech firms. However, cybersecurity specialist Zscaler (ZS) just might buck the trend.
On paper, Zscaler should be an unquestioned buying idea. Not too long ago, the company revealed its results for its second quarter of fiscal 2025. Specifically, it posted earnings per share of 78 cents, standing 13% above analysts’ consensus estimate. On the top line, revenue jumped 23.4% on a year-over-year basis to reach $647.9 million.
