ZS had it's IPO on 16 March 2018 and has been performing *extremely* well since then. Morgan Stanley was an underwriter and now covers it. I shall be providing research information from them as it becomes available.
"Zscaler, Inc. is a cloud-based security company. The Company provides a platform that is built as a multi-tenant, distributed cloud service designed to scale and deliver real-time insights into security issues. The Company offers two principal cloud services, such as Zscaler Internet Access (ZIA), and Zscaler Private Access (ZPA). The Company’s ZIA securely connects users to externally managed applications, including with software as a service (SaaS) applications and Internet destinations, regardless of device, location or network. ZPA offers authorized users secure and access to internally managed applications hosted in enterprise data centers or the public cloud. ZPA solution connects a specific user to a specific application, without bringing the user on the network, resulting in better security. Its cloud architecture platform includes Secure Sockets Layer (SSL) inspection, data privacy and security, and Zscaler application."
At this point I do not hold any shares--I'm in watch mode. |
