Is Palo Alto Networks a Buy on Its Post-Earnings Plunge?

Palo Alto Networks (PANW 5.33%) has been one of the best leaders in the cybersecurity sector, with the stock having been up about 116% in the past year alone.That is until Wednesday, Feb. 21, when the stock plunged over 28% in a single day following its second quarter earnings.Investors were spooked when Palo Alto lowered its prior guidance for the year. In its defense, management said the lower guide was due to a deliberate aggressive pricing strategy aimed at winning market share.But should investors real ...