ZS, CYBR, PANW: Cyber Security Stocks To Watch

12:17pm, Friday, 02'nd Feb 2024
Some cyber security stocks to watch include ZS, CYBR, and PANW. Joseph Gallo discusses cyber security stocks.
Zacks.com users have recently been watching Palo Alto (PANW) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
SANTA CLARA, Calif. , Feb. 2, 2024 /PRNewswire/ -- Palo Alto Networks (NASDAQ: PANW), the global cybersecurity leader, announced today that it will release the financial results for its fiscal second
Palo Alto Networks Inc (NASDAQ:PANW) had a strong start to 2024, as it hit a Jan. 22 record high of $350.60 and added 15.1% since the beginning of the year.
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A federal jury in Virginia awarded cybersecurity company Centripetal Networks $151.5 million in damages on Wednesday after finding that rival Palo Alto Networks violated the company's patent rights.
In the latest trading session, Palo Alto Networks (PANW) closed at $345.89, marking a +0.19% move from the previous day.
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Broadcom's transformational deal will drive supercharged growth this year. Palo Alto Networks is capitalizing on the robust demand for cybersecurity solutions.

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A predicted 16% compound annual growth rate for the cybersecurity industry should boost Palo Alto Networks stock significantly. Palo Alto has the largest market cap among its major competitors and cla
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