Most of the cyber security stocks, which can be tracked by the PureFunds Cyber Security ETF (HACK) - Get Report , have been a "mess," TheStreet's Jim Cramer, co-manager of the Action Alerts PLUS portfolio, said on CNBC's "Mad Dash" segment.
But not Palo Alto Networks, which rules this sector. Palo Alto has the right platform and right solutions for their customers' problems, Cramer said. Its earnings were a "beatdown" to other companies, including AAP holding Cisco (CSCO) - Get Report , he added.
CEO Mark McLaughlin didn't hold back on competitors either during Palo Alto's conference call, at one point saying, "We continue to beat Cisco handily quarter after quarter, as we've done this last quarter."
Those are "fighting words," Cramer said.
Palo Alto guided for second-quarter revenue of $314 million to $318 million, above estimates of $310.6 million. Management expects earnings per share in the range of 38 cents to 39 cents a share compared to expectations of 38 cents.
At the time of publication, Cramer's Action Alerts PLUS had a long position in CSCO.