Cybersecurity leader Zscaler's stock is a classic contrarian buying opportunity

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One of the best-performing cybersecurity stocks of the past few years has disappointed investors lately. Shares of Zscaler ($ZS), the zero-trust security leader, plunged over 20% in the past five days after the company reported strong but not stellar earnings results. ZS is now down 28% YTD, underperforming the market by a wide margin.

This recent Zscaler stock drop could present a contrarian buying opportunity. Despite the short-term organizational issues and macro challenges, the company is still well-positioned in the growing cloud security and zero-trust cybersecurity markets. Let’s see why Zscaler's current dip may be a great entry point for long-term investors seeking exposure to high-growth cybersecurity stocks.

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