Market Overview

Jim Cramer Likes Palo Alto Networks

Related PANW
How AWS, Azure, Google Cloud Adoption Will Impact The Security Market
Security Sector Check Amid Fortinet's Q3 Warning

Speaking on CNBC's segment "Cramer's Stop Trading," Jim Cramer said that investors should focus on online security, with Palo Alto Networks Inc (NYSE: PANW) being the leader in the space.

Palo Alto currently trades at $88 and Cramer can't see a reason why it shouldn't be trading at $100. He thinks that banks should start writing checks to this company because they should be concerned about new hacking attacks. Cramer thinks that big hackers are those that haven't been caught yet and banks should find the way to stop them.

NXP Semiconductors NV (NASDAQ: NXPI) is also an interesting company because Cramer thinks everything involving identification is going to be big.

Posted-In: CNBC Jim Cramer Media


Related Articles (NXPI + PANW)

View Comments and Join the Discussion!