Is Palo Alto Networks a Rising Star?

Morningstar, and apparently different monetary analysts, are touting the expansion potential of Palo Alto Networks: https://www.idiot.com/investing/2023/02/02/history-nasdaq-2023-stock-split-stock-wall-street/?supply=eptyholnk0000202&utm_source=yahoo-host&utm_medium=feed&utm_campaign=article

Oddly, a big a part of their argument is that their 3:1 made the inventory far more accessible to retail inventors. That's not a very highly effective driver for future development of earnings for the corporate, so I believe their opinion is oddly skewed from the beginning. Neither is the truth that a bunch of analysts are bullish essentially a fantastic indicator as analysts have their causes to help a inventory (this has been mentioned many occasions earlier than).

So, is PANW a very good funding? Fairly probably. As famous within the Morningstar article, they’re boasting a powerful development fee. Gross revenue can be rising, however web earnings are nonetheless detrimental. At the moment the inventory is buying and selling above 50-day common – proper round it's 200-day common. My take: value watching, however not a purchase at as we speak's value.