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.
Image source: Getty Images.
Source: Fool.com
Palo Alto Networks Stock
€323.50
2.470%
The stock is an absolute favorite of our community with 101 Buy predictions and no Sell predictions.
As a result the target price of 336 € shows a slightly positive potential of 3.86% compared to the current price of 323.5 € for Palo Alto Networks.
