Forget FireEye, Palo Alto Networks Is a Better Cybersecurity Stock
Palo Alto Networks (NYSE: PANW) and FireEye (NASDAQ: FEYE) are often mentioned as "best in breed" cybersecurity companies. Palo Alto, which provides next-gen firewalls, serves over 45,000 customers in more than 150 countries. FireEye, a pioneer in threat detection solutions, serves 5,800 customers in 67 countries.
Yet Palo Alto's stock has more than tripled since its IPO in 2012, while FireEye's stock remains almost 30% below its 2013 IPO price. Investors seem to believe that Palo Alto is a better cybersecurity stock than FireEye, and I think they're right -- for four simple reasons.
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Source: Fool.com