Jim Cramer on Zscaler: “I Bet Records Will Be Broken”

Zscaler, Inc. (NASDAQ:ZS) is one of the stocks on Jim Cramer’s game plan for the week. Cramer showed bullish sentiment toward the company, as he commented:

“You want a stock that is worth buying? I know that cybersecurity has been a dog of late, but when Zscaler reports, I bet records will be broken, and you can break out the champagne. Why not? You’ve been able to do that pretty much every time it reports. It should help that the whole group, which has been falling of late, offers you some actual value for the first time.”

Stock market data showing an upward trajectory. Photo by Burak The Weekender on Pexels

Zscaler, Inc. (NASDAQ:ZS) provides cloud-based security that protects users, applications, and data through its zero-trust platform and threat-defense tools. Cramer shed light on the company during the June 25 episode, as he stated:

“It’s rare for us to have two stocks in the same relatively small sector, but the companies are doing so well that I kind of wish we even owned the third, Zscaler, which is doing as well, if not better, than the two that we own.”

While we acknowledge the risk and potential of ZS as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than ZS and that has 10,000% upside potential, check out our report about this cheapest AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.