Is Palo Alto Networks Stock a Buy?
Thanks to a few billion dollars' worth of acquisitions the last few years and steadily rising need for cybersecurity, Palo Alto Networks (NYSE: PANW) remains by far the largest security software vendor around as measured by revenue. But effects from the COVID-19 pandemic are hastening changes in the economy and creating new security challenges.
Palo Alto Networks is in good shape to continue its long-term evolution, but I don't think it's a top cybersecurity buy like it was back in the spring during the peak of the economic lockdown and stock market crash.
Image source: Getty Images.
Source Fool.com