Palo Alto Networks: Cramer's Top Takeaways
Did you miss "Mad Money" on CNBC? If so, here are some of Jim Cramer's top takeaways.
For his "Executive Decision" segment, Cramer again sat down with Mark McLaughlin, chairman and CEO of Palo Alto Networks Inc. (PANW) - Get Report , a stock that's up 4% over the past three months.
McLaughlin said that Palo Alto has been fortunate to be a leader in all three major evolutions of cybersecurity and all of the growth drivers are in place for them to continue to prosper.
In today's fast-moving world, McLaughlin said, cybersecurity requires unified, automated prevention systems that can identify things that need to be fixed and fix them automatically. It doesn't matter whether you're talking about government, education or enterprise, he said, requiring someone to be notified of a problem, then waiting for them to apply patches and fixes across the entire network is no longer scaleable. Removing the humans from the equation is critical.
McLaughlin said that Palo Alto has always been able to execute well and is always trying new things. Some of those things didn't work last quarter, but they were quick to respond and the results were apparent this quarter.
Cramer called Palo Alto Networks a "great story."
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