Speaking on CNBC's segment "Cramer's Stop Trading", Jim Cramer said that investors should focus on online security and Palo Alto Networks PANW is 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. Mr. 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 NXPI is also interesting company because everything involving identification is going to be big, thinks Jim Cramer.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in