3 Things About Palo Alto Networks Stock That Smart Investors Know
Wall Street pros can overcomplicate a bullish thesis on a stock with differing short-term and long-term outlooks or with a long list of metrics bearing questionable usefulness. But superior returns often come from a simple strategy that involves owning a mix of strong businesses for long periods of time.
With that approach in mind, let's look at the main factors that make Palo Alto Networks (NASDAQ: PANW) an attractive stock for investors willing to take on some risk in exchange for potentially market-thumping returns through 2023 and beyond.
Many tech companies are cutting back on their spending budgets today as economic growth rates slow. A shrinking digital advertising market is hurting social media companies, and even productivity software giants like Microsoft are dealing with falling demand.
Source Fool.com
