Skip to main content

Jim Cramer Breaks Down Why Palo Alto Is Making Acquisitions In a Volatile Market

Publish date:
Video Duration:

Jim Cramer breaks down why now is the time for Palo Alto Networks (PNW) - Get Free Report to make acquisitions, despite the volatile market.

Cramer explained that, despite the market, Palo Alto Networks CEO, Nikesh Arora, is trying to go up against Cisco.

"Well, I think Nikesh [Arora] or the CEO is an inquisitive fellow and he's not looking at the market and he's just saying this is a good product to add to my suite. Well, the thing in order to go up against Cisco (CSCO) - Get Free Report , you need [the CEO] to round up Cyberark (CYBR) - Get Free Report and Proofpoint (PFPT) - Get Free Report and that's not what he's going for," she said. "We're going to have a very thorough analysis or throughout the day of Palo Alto. We had an emergency meeting obviously this morning and talk about it cause I was none too happy. But, I think it could clarify a lot of things."

Related. Jim Cramer: A Checklist for Investors in This Downer of a Market

More From Cramer Today

What Jim Cramer Is Watching When Uber Reports Earnings After the Bell

Jim Cramer: What PVH's Earnings Tell Investors About the Retail Sector

Jim Cramer Explains What Kraft Heinz Got Wrong About Millennials

Jim Cramer Tells Investors What to Do With Apple's 'Weak' Stock

Watch Jim Cramer's Daily NYSE Show and Replays Below

Related Videos