The Zacks Rank Explained: How to Find Strong Buy Computer and Technology Stocks

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It doesn't matter if you're a growth, value, income, or momentum-focused investor -- building a successful investment portfolio takes skill, research, and a little bit of luck.

Should You Buy #1 (Strong Buy)-Ranked Palo Alto Networks (PANW) for Your Portfolio?

Palo Alto Networks was upgraded to the Zacks Rank #1 list on October 19, 2024. The Zacks Rank is a unique stock-rating model that helps you take advantage of earnings estimate revision trends and provides a way to get into stocks highly sought after by institutional investors.

Santa Clara, CA-based Palo Alto Networks, Inc. offers network security solutions to enterprises, service providers and government entities worldwide.

Nine analysts revised their earnings estimate upwards in the last 60 days for fiscal 2025. The Zacks Consensus Estimate has increased $0.06 to $6.26 per share. PANW boasts an average earnings surprise of 11%.

Earnings are forecasted to see growth of 10.4% for the current fiscal year, and sales are expected to increase 13.8%.

PANW has been moving higher over the past four weeks as well, up 10.2% compared to the S&P 500's gain of 4.5%.

Bottom Line

With a #1 (Strong Buy) ranking, positive trend in earnings estimate revisions, and strong market momentum, Palo Alto Networks could be just the stock to help your portfolio generate returns that could fund your retirement, your kids' college tuition, or your short- and long-term savings goals.

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Palo Alto Networks, Inc. (PANW) : Free Stock Analysis Report

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