|Bid||169.95 x 1000|
|Ask||171.00 x 800|
|Day's Range||169.56 - 175.25|
|52 Week Range||139.37 - 239.50|
|Beta (3Y Monthly)||1.39|
|PE Ratio (TTM)||N/A|
|Earnings Date||Nov 29, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||251.82|
SANTA CLARA, Calif. , Nov. 15, 2018 /PRNewswire/ -- Palo Alto Networks (NYSE: PANW), the global cybersecurity leader, announced today that members of its management team will be presenting at the following ...
The cybersecurity leader fell victim to its hefty year-to-date gains, reaction to its reaffirmed guidance, and the broader market's pullback.
SANTA CLARA, Calif. , Nov. 8, 2018 /PRNewswire/ -- Palo Alto Networks ® (NYSE: PANW), the global leader in cybersecurity, announced today it has been positioned as a leader in "The Forrester Wave™: ...
During the current stock market correction, investors should look for stocks with strong relative strength.
As the below chart shows, Cisco’s (CSCO) Security business segment accounted for just 5% of total sales in fiscal 2018. This segment has been Cisco’s fastest-growing one for a few quarters now. Cisco’s Security sales have risen from $1.74 billion in 2015 to $1.97 billion in 2016, $2.15 billion in 2017, and $2.35 billion in 2018.
On one hand, you have sector leaders like Palo Alto Networks (NYSE:PANW), which has gained nearly 26% year-to-date. On the other, you have Symantec (NASDAQ:SYMC). Beleaguered SYMC stock is down more than 19% YTD.
Fortinet (FTNT) fell 13.3% on November 2 to close at $72.56. Fortinet announced its third-quarter results last week and reported revenue of $454 million, a rise of 21% year-over-year and above analyst estimates of $451 million. Earnings per share rose 75% to $0.49, which were well above estimates of $0.42.
Historically, November marks the start of the best six months for the Dow Jones and the S&P 500, and the best eight-month period for the Nasdaq.
SANTA CLARA, Calif., Nov. 2, 2018 /PRNewswire/ -- Palo Alto Networks® (PANW), the global cybersecurity leader, announced today that it will release the financial results for its fiscal first quarter 2019, ended October 31, 2018, after U.S. markets close on Thursday, November 29, 2018. Palo Alto Networks will host a conference call that day at 1:30 p.m. Pacific time (4:30 p.m. Eastern time) to discuss the results. Interested parties may access the conference call by dialing 1-855-719-5012 or 1-334-323-0522 and using conference ID 2202662.
Facebook and the FANG stocks helped the Nasdaq spearhead a bullish day in the stock market. The software sector is getting back some of its mojo too, a key factor for the bulls.
Cisco Systems (CSCO) is aiming to triple its small business customer base in India by around 2020, the company’s head of India region, Sudhir Nayar, told the Times of India recently. The company currently serves ~30,000 small business customers in India.
Cisco Systems (CSCO) is setting up a new venture fund that is expected to focus on early-stage startups, according to a CNBC report citing regulatory filings. The fund, called Catalyst Labs, is seeking to raise $500.0 million in capital for startup investing. Cisco is listed as the principal investor in Catalyst Labs, and New Enterprise Associates veteran Jon Sakoda is expected to run the fund, according to the report.
The universe of winning stocks is beginning to feel a little smaller, Jim Cramer cautioned his Mad Money viewers Tuesday. There's a big difference between containing inflation and overshooting on interest rates in order to obliterate it. In the days of Janet Yellen, the Fed was never much of a concern, but in this market, these words matter.
As the scope of IT expands, cybersecurity stocks and the field of online security come more into focus. Once confined to PCs, online security now has become critical for mobile devices, cloud platforms and data centers. As the need for security expands and becomes emphasized by well-publicized security breaches, it naturally draws the attention of the investment community.