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