Is It Too Late To Purchase Palo Alto Networks Inventory?
Palo Alto Networks‘ (NASDAQ:PANW) inventory has rallied greater than 80% over the previous 12 months and at the moment hovers close to all-time highs.
The cybersecurity firm dazzled buyers by repeatedly beating Wall Avenue’s expectations whereas elevating its steering over the previous 12 months, however is its inventory getting too sizzling to deal with? Let’s take a contemporary have a look at Palo Alto’s progress charges and valuations to see if its inventory remains to be price shopping for.
Understanding Palo Alto’s enterprise
Palo Alto was based in 2005, and it initially bought on-site firewall home equipment to giant
