Is It Too Late to Buy Palo Alto Networks Stock?
PANWPalo Alto(PANW) fool.com·2024-05-26 19:30

The cybersecurity giant's pivot to a new growth strategy shows promise. Shares of cybersecurity powerhouse Palo Alto Networks (PANW 3.26%) experienced a resurgence in recent weeks, rising past $300. That is, until May 20, when the company reported earnings for its fiscal third quarter, which ended April 30. Suddenly Palo Alto Networks stock plunged. Does this create a buying opportunity? Perhaps the drop signals a reason to avoid the stock? Answering these questions requires taking a deeper look into Palo A ...