ZS Scales Up

ZS is a new position we started constructing towards the end of 2022 - and we have compounded twice during 2023.

It is stock we like but, as it is an IPO, we are unable to do a complete evaluation of it. 

However, the sales growth has been strong and consistent - which is a good sign going forwards - and the company is profitable, too.

As such, we also believe there is more room for expansion, both in the company and cloud security arena.

• Original entry approx: $120

• Recent add on approx: $150

• Current price approx: $224

Our compounds were placed after the original position turned positive, which took about 6 months.

We will look to add again but right now price has moved too far for us to be interested in doing so.

There will be a period where price consolidates or retraces and that might be when we will consider compounding further. It may try our patience but we have to wait for a lower-risk set-up.

Anne Chapman
Dynamic Trader LinkedIn

Let's go trade!