Is Now the Time to Buy Palo Alto Networks Stock?

Investing in cybersecurity stocks makes sense in this digitally dependent world. And now, the importance of protection against cyberattacks is amplified further by the emergence of artificial intelligence (AI).That's why some forecasts predict the cybersecurity industry will grow from $194 billion in 2024 to $563 billion by 2032 with generative AI giving companies in the sector a boost. Veteran player Palo Alto Networks (NASDAQ: PANW) is already seeing AI serve as a tailwind to its business.Even so, the company's stock is well off its 52-week high of $210.39 reached at the end of July. Does this create an opportunity to scoop up shares at a discount? Let's dive into Palo Alto Networks to see if the cybersecurity titan is a worthwhile investment.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool