In his recent Lightning Round segment, CNBC’s Jim Cramer advised investors to consider Palo Alto Networks Inc. (NASDAQ:PANW) stock, despite the current market turbulence.
What Happened: Cramer, the host of “Mad Money,” gave his opinion on a few stocks during his show on Monday. He recommended Palo Alto Networks, a cybersecurity company, as a strong buy, reported CNBC.
"…I would be a buyer of Palo Alto right here, right now [buy, buy, buy!]," Cramer said.
He also shared his thoughts on other companies, including Canopy Growth, Illumina, Bank of America, Dynatrace, and BrightSpring Health Services.
Earlier in March, Cramer had highlighted the strong performance of the U.S. stock market, attributing it to the Federal Reserve’s indication of three expected interest rate cuts that year.
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Why It Matters: Palo Alto Networks’ stock ...