PANW - Palo Alto Networks: Anticipate Near-Term Volatility
2024-06-25 18:31:40 ET
Summary
- Despite strong profitability growth, Palo Alto Networks is likely overvalued, with a forward price-to-sales ratio significantly above its 10-year median.
- The company is well-positioned for future growth through its Next-Generation Security Services, AI investments, and platform consolidation.
- Zscaler offers higher historical and forecasted fundamental growth and a better valuation compared to PANW, making it a more attractive investment currently.
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Palo Alto Networks: Anticipate Near-Term Volatility