With Momentum Returning, Is Now the Time to Buy Palo Alto Stock?
Palo Alto(PANW) The Motley Fool·2024-08-24 00:21
How the stock has managed to rebound.What a difference a few months can make. In February, Palo Alto Networks (PANW -0.55%) saw its stock tank after the cybersecurity company said it was seeing "spending fatigue" among its customers, and it embarked on a bold new strategy.Weeks later on its earnings call, rival CrowdStrike Holdings (CRWD 0.84%) took at jab at Palo Alto's large collection of single-problem solutions, saying: "Multi-platform hardware vendors evangelized their stitched-together patchwork of po ...