Palo Alto Networks: One Of My Favorite Tech Stocks For 2024 (NASDAQ:PANW)

Introduction

If there’s one thing I have highlighted in recent articles, it’s my increased focus on value stocks, given that the stock market valuation hints at subdued long-term total returns.

Generally speaking, this favors stocks with low valuations and/or decent

USD in Million 2022 Weight 2023 Weight

Subscription

2,539 46.2 % 3,335 48.4 %

Support

1,599 29.1 % 1,979 28.7 %

Global Cybersecurity Provider

1,363 24.8 % 1,578 22.9 %

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