With its combination of disruptive technology and a large (and growing) addressable market,
valuation just isn't going to be what moves or worries investors in
Palo Alto Networks (NYSE:
PANW) for the next few years. Instead, it will be all about the growth rate and
the company's ability to grow market share against large entrenched players such as
Cisco (Nasdaq:
CSCO),
Check Point (Nasdaq:
CHKP) and
Juniper (NYSE:
JNPR).
Consequently, while this stock does not look cheap today, that won't
preclude further gains so long as the growth satisfies the momentum
crowd.
Please follow this link for more:
http://www.investopedia.com/stock-analysis/2012/For-Palo-Alto-Networks-Valuation-Is-Secondary-Today-PANW-CSCO-CHKP-JNPR0911.aspx
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