Zscaler Stock Underperforms Sector Despite Strong Growth Outlook
• Zscaler (ZS) stock fell 0.42% vs 0.1% drop in S&P 500
• ZS underperformed Computer & Technology sector's 11.35% monthly gain
• ZS EPS expected to rise 56.76% and revenue 30.71% in next earnings
• ZS trades at premium valuation with Forward P/E of 103.24 vs sector
• ZS ranks highly on Zacks's system at #2 (Buy), validating upside