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Netflix and Palo Alto Networks Offer Growth at a Discount

Bill Luby

The pattern began in September and has seen growth stocks punished disproportionately—with technology shares suffering some of the worst carnage. Included in that group are a number of market leaders that recently reported beats on revenue and earnings, along with raised forward guidance. Among the tech and communications-services leaders that have topped profit forecasts and boosted guidance are (NFLX) (ticker: NFLX), (PANW) (PANW), (CRM) (CRM), and (INTC) (INTC).