Zscaler, Inc. (ZS)'s A "Really Solid Stock," Says Jim Cramer

We recently published 10 Latest Stocks on Jim Cramer’s Radar. Zscaler, Inc. (NASDAQ:ZS) is one of the stocks Jim Cramer recently discussed.

Zscaler, Inc. (NASDAQ:ZS) is a software company that provides cybersecurity products and services. Its shares have gained 51% year-to-date, primarily due to a 16% jump in May. Zscaler, Inc. (NASDAQ:ZS)’s stock rose after the firm’s fiscal third quarter revenue jumped to $678 million and beat analyst estimates of $666 million on the back of what the firm attributed to strong demand due to AI. Here is what Cramer said about Zscaler, Inc. (NASDAQ:ZS)

“Alright so, let’s say you are bullish, let’s say other than PepsiCo you want to see what in the market may just go up because it’s strong. I want you to watch Zscaler because Morgan Stanley upgrades it. Now I’ve had them on multiple times, okay. Jay Chaudhry is a fantastic CEO. This has been the one that hasn’t missed. So, I always try to find, I tell people, even for my charitable trust, if you want to find out when the market’s going to turn, wait till you see a Hold to Buy that stabilizes and goes higher. It may take tomorrow to do it.

“. . .but, this is the probably the best example of what you could hope for, which is a really solid stock, up 40%. Now the one thing you’re fighting, in September people try to get. . .October, in October its legendarily the case, just legend the big mutual funds take profits. It’s really not like that. They take it in September. . .so it’s a little circular reasoning but I do want people to watch this name.”

While we acknowledge the potential of ZS as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term 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.