Is It Too Late to Buy Palo Alto Networks Stock?
Shares of cybersecurity powerhouse Palo Alto Networks (NASDAQ: PANW) 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 Alto Networks to understand where its business is at today. This entails evaluating its stock as an investment for the long haul.
Source Fool.com