Jim Cramer Says He Wants to “Own the Stock of Palo Alto”

Palo Alto Networks, Inc. (NASDAQ:PANW) is one of the stocks on Jim Cramer’s radar. A caller asked about the company stock during the lightning round. Cramer responded:

“I want to live in Palo Alto, and I want to own the stock of Palo Alto. That’s how I feel about it. Nikesh Arora, doing a fabulous job.”

Jim Cramer Says He Wants to "Own the Stock of Palo Alto"

A cutting-edge computer lab full of IT experts monitoring the security of multiple systems.

Palo Alto (NASDAQ:PANW) provides cybersecurity solutions across network, cloud, and security operations, combining AI-driven platforms with threat intelligence and managed services. In February, Cramer said that he likes the company a lot, as he said:

“Really interesting question. Nikesh Arora put up a really good quarter. The headlines were out immediately. Before they even could read the release, sellers came in. Had they read the release, they would’ve realized it is fine. I like Palo Alto very much. It’s a great way to get involved in cybersecurity.”

While we acknowledge the risk and potential of PANW as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than PANW and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.