Tag Archives: panw

Palo Alto Networks May Gain In Security Spending Hike

Spending by corporations, governments and other organizations on next-generation security will rise 25% this year rather than the 20% that he previously forecast, FBR Capital Markets analyst Daniel Ives said in a research report Wednesday. Such spending is likely to boost revenue for companies such as Palo Alto Networks (PANW) and FireEye (FEYE), Ives says. Ives says recent checks prompted him to increase his security spending estimate. Spending

Are Cybersecurity Stocks Still Hot Or Lukewarm?

Last month, cybersecurity stocks emerged as some of the market’s top gainers. They have since faded a bit, but watch this video as we check back in with Palo Alto Networks (PANW), Vasco Data Security (VDSI) and CyberArk Software (CYBR) to see how they’re doing. Follow Alissa Williams on Twitter: @IBD_AWilliams.

Palo Alto Vs. Kroger: Which Stock Is Holding Up?

Two stocks of interest in today’s Screen of the Day, Big Cap Leaders, reported quarterly earnings recently: Palo Alto Networks (PANW) and Kroger (KR). Both surpassed expectations. And it may be surprising, but the grocery chain’s stock has been holding up better during the overall market selloff than the cybersecurity stock and other tech stocks like Taiwan Semiconductor (TSM) have. Watch this detailed chart analysis video for more information.