Jim Cramer Discussed These 22 Stocks Including A Hidden Oil & Energy Play

13. Palo Alto Networks, Inc. (NASDAQ:PANW)

Number of Hedge Fund Holdings in Q1 2026: 87

Cybersecurity services provider Palo Alto Networks, Inc. (NASDAQ:PANW)’s shares are up by 71% over the past year and by 81.7% year-to-date. BTIG and Wells Fargo discussed the firm on July 1st. Wells raised the share price target to $420 from $325 and kept an Overweight rating on the stock. It added the firm to its Q3 Tactical Ideas list and outlined that Palo Alto Networks, Inc. (NASDAQ:PANW) had clear catalysts ahead. Similarly, BTIG also hiked the share price target. It raised the target price to $380 from $333 and kept a Buy rating on the stock. Among the reasons that BTIG cited for its optimism included larger deal sizes and cross-sell benefits for Palo Alto Networks, Inc. (NASDAQ:PANW). Like the analysts, Cramer has also been nothing but enthusiastic for the sector. In this appearance, he shared some of the reasons behind his sentiment:

“Meantime, it keeps coming back to Anthropic who is the one that is actually making a lot of money. Doing some work on Salesforce, well, where is the money going if it’s not going to Salesforce? Well, it’s going to cybersecurity. I see that you have Nikesh Arora on, and that stock has just been unbelievable since Mythos, unbelievable.”