|Bid||162.01 x 3000|
|Ask||162.30 x 1100|
|Day's Range||160.54 - 165.94|
|52 Week Range||140.52 - 213.63|
|Beta (5Y Monthly)||1.13|
|PE Ratio (TTM)||N/A|
|Earnings Date||Nov 16, 2022 - Nov 21, 2022|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||217.42|
It's a global leader in cybersecurity, a sector I believe is growing increasingly important as digital transformation takes hold, bringing more business processes online and increasing cyber risks. It's now easier to purchase without using fractional shares if you're only investing a few hundred dollars at a time, like me. Cybersecurity companies are reporting staggering rises in attacks.
Palo Alto Networks (NASDAQ: PANW) recently completed its three-for-one stock split. Tech stock splits have been hot in 2022, even amid a vicious bear market. Companies with high stock prices might be announcing these splits to try and attract investor attention and attract investors who are not as willing to spend large amounts of capital per share.
These highly innovative and differentiated companies are ripe for the picking following a peak plunge of 34% in the Nasdaq Composite.