And those bad actors aren't just criminals working out of a basement, oftentimes they're backed by nation-states and are therefore equipped with plenty of resources and political agendas. In a recent note, the firm said there's currently less than $200 billion of enterprise spending despite 'over a trillion dollars of estimated annual cost and value destruction related to cybercrime.' This discrepancy between money spent on digital defense and the cost of not having adequate protection - along with the simple fact that security is a never-ending arms race and bad actors are becoming more bold and sophisticated - is a key driver of growth. If a threat were to arise, causing disruptions to your business, you don't want to be the one that left the company vulnerable because you cut spending. But it should be one of - if not the - most resilient areas of enterprise spending. 15 initiation commentary, we recognized that cybersecurity isn't completely immune to a weaker macro environment. Here's an in-depth look at the company's various business lines and its finances to show why we like this stock so much. It's no wonder: With cyber criminals trying to breach computer systems at every turn, Palo Alto Networks is at the heart of keeping our digital world up and running. 22 was an incredible fiscal second quarter, reported the previous day.

Palo Alto Networks (PANW) last month had its best single trading day in about a year, exactly one week after the next-generation cybersecurity company became our newest Investing Club holding. Personal Loans for 670 Credit Score or Lower Personal Loans for 580 Credit Score or Lower Best Debt Consolidation Loans for Bad Credit

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