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Re: fung_derf post# 216

Monday, 03/18/2024 3:25:50 PM

Monday, March 18, 2024 3:25:50 PM

Post# of 229
Derf, >> PANW <<

Yes, a decent pullback, so may be a good entry point. I have a whopping 1 share at 284 (yippee), plus a similar small position in FTNT. Another good one is CYBR, though it looks overbought, as do the broader Cybersecurity ETFs like CIBR. I had a bunch of those during the big 2020-21 runup, but didn't get back into the sector until recently, with PANW, FTNT.

I see some analysts are concerned that PANW's newly announced business model (platformization) may signal that a price war could be brewing in the cybersecurity space, but still early. The firewall makers might also be headed for trouble due to the move to the cloud (article below). It's always something with these tech stocks, so I figure it's probably best to have small positions and spread the risk around -


>>> Cybersecurity Stocks To Watch Amid Shift To AI, Cloud <<<


https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174050760




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