Should You Buy Palo Alto Networks Before Its Stock Split?

Cybersecurity companies are often scrutinized differently than other software companies. Unlike other products that can make life easier but aren't necessary, cutting cybersecurity spending from the budget can be dangerous. As a result, cybersecurity stocks tend to be popular investments, since they have the benefits of being a higher-margin business but also have the staying power of vital business software.One popular pick in this space is Palo Alto Networks (NASDAQ: PANW), a company that is set to split its stock on Dec. 16. With an impending stock split, many investors may be wondering if Palo Alto Networks is a good buy right now, especially since cybersecurity stocks are a popular investing space.Palo Alto Networks isn't a new kid on the cybersecurity block. It has been around since 2005, which is fairly old by cybersecurity standards. Palo Alto Networks isn't a niche cybersecurity company; it has a wide product array and has taken the strategy of what it calls "platformization," where a single provider handles all cybersecurity needs. It says that IT experts Gartner (NYSE: IT) sees 75% of cybersecurity leaders using this strategy, but only 15% of enterprise customers have adopted this approach. As a result, there's a huge growth opportunity.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool