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This Nasdaq Stock Has Shot Up 134% in a Year, and It Could Soar Another 90%
PANWPalo Alto(PANW) The Motley Fool·2024-01-17 13:45

Shares of Palo Alto Networks (PANW 2.09%) have shot up an impressive 134% in the past year, outperforming the Nasdaq-100 Technology Sector index's gains of 55%. The cybersecurity specialist has benefited from the broader rally in technology stocks as well as the robust growth that it has been delivering thanks to the growing demand for the company's cybersecurity solutions.The good part is that Palo Alto Networks could keep soaring thanks to a few simple reasons. First, the Nasdaq-100 could head higher in 2 ...