Buy the Dip: Another Cybersecurity Stock to Consider
Group 1 - Recent market selloff is viewed as an opportunity to buy tech stocks, particularly CrowdStrike and Palo Alto Networks [1] - Palo Alto Networks stock is near its 260-day moving average, which historically leads to positive returns, with an average gain of 10.7% after similar moves in the past three years [2] - Palo Alto Networks has a year-over-year gain of 27.1%, currently trading at 200 level [3] Group 2 - The 50-day call/put volume ratio for Palo Alto Networks is 2.28, indicating a bullish sentiment among options traders, ranking higher than 93% of annual readings [4]