This Cybersecurity Company’s Shares Are Struggling in Spite of Strong Sales

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The Street

By Frank Hartzell The CEO tells Jim Cramer that recurring revenue could grow five-fold. Cybersecurity stocks were drawing plenty of attention from investors even before Vladimir Putin sent Russian tanks into Ukraine. Now, as the so-called kinetic war against the Urkainians continues, separate battles are being waged online, only highlighting the need to protect information and data. Recently, Jim Cramer spoke with Jay Chaudhry, chairman and CEO of Zscaler (ZS) – Get Zscaler, Inc. Report a cybersecurity company whose shares had been trading at lofty valuations until tech sold off to begin the y…

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