Cybersecurity Stock Among Best to Own in September
PANWPalo Alto(PANW) Schaeffers Investment Research·2024-08-30 03:32

Cybersecurity giant Palo Alto Networks Inc (NASDAQ:PANW) stock is up 2.3% to trade at 358.50atlastcheck,asinvestorsunpackearningsresultsfromsectorpeersOkta(OKTA)andCrowdStrike(CRWD).Thesecurityalreadyboastsa50.5358.50 at last check, as investors unpack earnings results from sector peers Okta (OKTA) and CrowdStrike (CRWD). The security already boasts a 50.5% year-over-year lead, with the 345 level containing a pullback from its highest level since February. The shares are on track for their third-straight daily win and, if past is precedent, could keep charging higher next month.Per a study from Schaeffer's Senior Quantitative A ...