Jim Cramer Says “Palo Alto is a Buy Here”

Palo Alto Networks, Inc. (NASDAQ:PANW) is one of the stocks Jim Cramer put under the spotlight. During the lightning round, a caller asked about the stock, and in response, Cramer said:

“Palo Alto is a buy here. We were going to buy some for the Charitable Trust. I can’t emphasize enough. This stock is now down from 210, I think you got a real good idea.”

Palo Alto (NASDAQ:PANW) provides cybersecurity platforms for cloud, network, and security operations, including AI-driven threat detection, virtual firewalls, and attack surface management. Additionally, it provides threat intelligence, data protection, and professional services to organizations across various industries. When a caller inquired about the stock during a July episode, 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.”

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.