5 Surprising ‘Strong Buy’ Tech Stocks That Also Could End Up Huge AI Winners

  • Zscaler Digital Experience measures end-to-end user experience across business applications, as well as provides an easy to understand digital experience score for each user, application, and location within an enterprise.
  • Posture Control solutions comprising Cloud Security Posture Management that identifies and remediates application misconfigurations in SaaS, infrastructure as a service and PaaS to reduce risk and ensure compliance with industry and organizational benchmarks.
  • Cloud Infrastructure Entitlement Management detects and remediates excessive or unused cloud permissions and enforces least privileged access without disrupting productivity.
  • Infrastructure as Code (IaC) analyzes IaC templates to identify misconfigurations and other security issues prior to deployment to cloud infrastructure.
  • Vulnerability Scanning and Data Loss Prevention solutions.

The company’s platform modules include Zscaler Central Authority, Zscaler Enforcement Node and Zscaler Log Servers.

Zscaler serves customers in airlines and transportation, conglomerates, consumer goods and retail, financial services, health care, manufacturing, media and communications, public sector and education, technology and telecommunications services industries.

The company recently announced newly advanced AI/ML innovations powered by the largest security cloud in the world for unparalleled user protection and digital experience monitoring. The new capabilities further enhance Zscaler’s Zero Trust Exchange security platform to enable organizations to implement a Security Service Edge that protects against the most advanced cyberattacks while delivering an exceptional digital experience to users and simplifying adoption of a zero trust architecture. Utilizing Zscaler’s AI-powered Zero Trust platform, organizations can now strengthen their network defense.

Zscaler stock has a $200 target price at Wells Fargo. The consensus target of $174.74 is also well above Thursday’s close of $147.90, which was down over 8% for the day.

The applications and uses for all forms of AI likely will continue to grow at a breathtaking pace. While the winners and losers will come and go, the entrenched technology leaders like these companies and others have the ability to continue to offer products and services that will make the revolution a lasting one. Plus, all these companies got caught in the Netflix/Tesla-driven Nasdaq sell-off Thursday and are offering even better entry points.

Originally published at 24/7 Wall St.

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