Palo Alto Shares Gain 23% in a Month: Is the Stock Still Worth Buying?
PANWPalo Alto(PANW) ZACKS·2024-09-03 21:51

Palo Alto Networks, Inc. (PANW) has been on a remarkable run, with its shares climbing 23.3% over the past month. This performance has significantly outpaced both the Zacks Computer and Technology sector's 9.6% gain and the S&P 500's 8.7% increase.Compared to its peers, Palo Alto Networks stock has left competitors like Juniper Networks, Inc. (JNPR) and Check Point Software Technologies Ltd. (CHKP) in the dust, with these stocks only gaining 2.4% and 10.7%, respectively, in the same period.Such rapid gains ...