Prediction: 2 Stocks That'll Be Worth More Than Palo Alto Networks 2 Years From Now

Palo Alto Networks (NASDAQ: PANW) is one of the top names in the cybersecurity industry, and its stock has turned out to be a fruitful investment over the past two years. Share prices are up 157% during this period, beating the 78% gains registered by the Nasdaq-100 Technology Sector index.The stock's impressive jump has brought its market capitalization to $123 billion. More importantly, Palo Alto stock seems capable of heading higher in the future as well, thanks to the growing adoption of artificial intelligence (AI) in the cybersecurity market.The company's revenue pipeline has been improving as customers begin to use more of its AI-specific tools. This was evident from the 20% year-over-year growth in Palo Alto's remaining performance obligations (RPO) in the first quarter of fiscal 2025 (which ended on Oct. 31, 2024) to $12.6 billion, which was faster than the 14% jump in its revenue to $2.1 billion.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool