Is It Too Late To Buy Palo Alto Networks Stock?
Palo Alto Networks' (NASDAQ: PANW) stock has rallied more than 80% over the past 12 months and currently hovers near all-time highs.
The cybersecurity company dazzled investors by repeatedly beating Wall Street's expectations while raising its guidance over the past year, but is its stock getting too hot to handle? Let's take a fresh look at Palo Alto's growth rates and valuations to see if its stock is still worth buying.
Palo Alto was founded in 2005, and it initially sold on-site firewall appliances to large businesses. That legacy business is still the foundation of its main security platform, Strata.
Source Fool.com
