3 Reasons to Bet on Palo Alto Networks

Palo Alto Networks' (NYSE: PANW) latest fourth-quarter results clearly indicate that its sales strategy reorganization and product updates are working well, helping it add a record 3,000 customers during the period.

Not surprisingly, Palo Alto beat the higher end of its own revenue and earnings guidance by a wide margin. Additionally, the company's full-year forecast for fiscal 2018 was better than Wall Street's expectations. But there's more to Palo Alto than just the quarterly numbers and the guidance. A closer look at some key trends clearly indicates that Palo Alto is pulling the right strings to make a dent in the cybersecurity market.

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Source: Fool.com