Palo Alto Networks (PANW) is the ‘Chart of the Day’

NEW YORK (TheStreet) -- Shares of Palo Alto Networks (PANW) are lower by 0.59% to $150.92 in early afternoon trading on Tuesday.

The Santa Clara, CA-based network security company offers an enterprise security platform that allows enterprises, service providers, and government entities to secure their organizations by enabling the applications running on their networks and also by preventing breaches that are the result of cyber-attacks.

TheStreet's Bryan Ashenberg and Bob Lang of Trifecta Stocks have identified Palo Alto Networks as the "Chart of the Day." Here is what Ashenberg and Lang had to say about it:

Cyber security has been on the front burner of corporate action over the past couple of years. With this crime on the rise, it makes great sense to have some safeguards in place, or at least someone to watch over you.

Palo Alto Networks is by far the leader and dominant player in the space, which has been growing exponentially.

The chart is constructive and shows a series of higher highs and higher lows.

Want more like this from Bryan Ashenberg and Bob Lang BEFORE your stock moves? Learn more about Trifecta Stocks now!

Must Read: Warren Buffett's Top 25 Stocks for 2015

More from Markets

Skechers Slumps in Pre-Market After Soft Guidance Overshadows Solid Q1

Skechers Slumps in Pre-Market After Soft Guidance Overshadows Solid Q1

Ericsson Rockets After Solid Q1 Following Cevian Push to Accelerate Turnaround

Ericsson Rockets After Solid Q1 Following Cevian Push to Accelerate Turnaround

Global Stocks Hit by Asia Tech Weakness, Oil Price Rally; U.S. Futures Slip

Global Stocks Hit by Asia Tech Weakness, Oil Price Rally; U.S. Futures Slip

P&G, GE and IBM Need to Innovate; Has Starbucks' Stock Grown Ice Cold?--ICYMI

P&G, GE and IBM Need to Innovate; Has Starbucks' Stock Grown Ice Cold?--ICYMI

Is Best Buy Sleeping With the Enemy With Amazon Partnership?

Is Best Buy Sleeping With the Enemy With Amazon Partnership?