TheStreet's Action Alerts PLUS Portfolio Manager Jim Cramer is keeping an eye on Palo Alto Networks' (PANW) - Get Report quarterly results, due out on Thursday, after the markets close. Cramer said rivals Salesforce (CRM) - Get Report and Adobe (ADBE) - Get Report are at all-time highs. 'The high multiple stocks are back in play,' says Cramer. 'I expect Palo Alto to have the strongest quarter in terms of growth. In terms of profit, it was Cyberark Software (CYBR) - Get Report - I think Cyberak is much less risky.' He also said business is very good in the cyber security world.
At the time of publication, Jim Cramer's charitable trust Action Alerts PLUS held no positions in stocks mentioned.