Will Palo Alto Networks Be a Trillion-Dollar Stock by 2030?
Several of the world's largest tech companies have reached trillion-dollar valuations over the past five years. However, none of the world's leading "pure play" cybersecurity companies have come close to joining the 12-zero club yet.
The largest one, Palo Alto Networks (NASDAQ: PANW), has a market cap of $80 billion. Could it keep growing and become a trillion-dollar stock by 2030? Let's review its business model, long-term catalysts, and projected growth rates to decide.
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Source Fool.com