Wall Street Just Cut This Tech Stock's Rating. History Says That's When You Buy.
Key takeaways
- ZS NVDA Times have become difficult for the stock of cybersecurity firm Zscaler (NASDAQ: ZS).
- However, those moves also come as Zscaler stock trades at its lowest level since 2023.
- In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia.
ZS NVDA Times have become difficult for the stock of cybersecurity firm Zscaler (NASDAQ: ZS). The company, known for its zero-trust security, recently received downgrades from investment company Evercore ISI. This occurred following its earnings release for the third quarter of fiscal 2026 (ended April 30).
However, those moves also come as Zscaler stock trades at its lowest level since 2023. Amid such conditions, history shows this downgrade may ultimately be bullish, and here s why.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »