Better Cybersecurity Stock: Palo Alto Networks vs. CrowdStrike Holdings
Palo Alto Networks (NASDAQ: PANW) and CrowdStrike Holdings (NASDAQ: CRWD) are having a forgettable time on the stock market in 2022 thanks to the massive correction that has sent the S&P 500 index down 21% so far this year. But this could be an opportunity for investors to buy fast-growing cybersecurity companies at relatively cheaper valuations.
While Palo Alto stock has slid 12% this year, CrowdStrike has dropped close to 22%. However, both companies have been growing at an outstanding pace as their recent results tell us. More importantly, Palo Alto and CrowdStrike can sustain their terrific growth in the long run thanks to the cybersecurity market's secular growth. But which one of these two beaten-down cybersecurity stocks should investors be buying right now? Let's find out.
Palo Alto Networks' earnings have increased at an annual pace of 16% in the past five years. Analysts expect the company to switch into a higher gear and clock annual earnings growth of nearly 26% for the next five years.
Source Fool.com
