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Is Palo Alto Networks Stock a Buy?

Is Palo Alto Networks Stock a Buy?

Palo Alto Networks (NYSE: PANW) finished 2020 on a high note. After languishing for most of the year with lower than hoped for growth and with investors digesting multiple acquisitions from the last few years, shares surged during the fourth quarter and ended the year up 54%. A rosy outlook that indicates the cybersecurity leader's spending to keep pace with a fast-changing industry is starting to pay off.