10 AI News Investors Can’t Afford to Miss

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1. Palo Alto Networks, Inc. (NASDAQ:PANW)

Market Capitalization: $126.59 billion

Palo Alto Networks, Inc. (NASDAQ:PANW) is a global cybersecurity company that uses Precision AI, Palo Alto Networks’ proprietary AI system, to offer cybersecurity solutions.

On November 18, Truist analyst Joel Fishbein raised the firm’s price target on Palo Alto Networks, Inc. (NASDAQ:PANW) to $425 from $400 and kept a “Buy” rating on the shares. The rating comes as part of a broader research note reviewing Q3 results for the Infrastructure & Security Software names. Since last year, buyer behavior has started becoming steady and the firm now focuses on 2025 when generative AI projects will be put to the test. The firm adds that for Palo Alto, customer and partner conversions imply that the company is performing well, driven by strong demand for vendor consolidation.

While we acknowledge the potential of PANW as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter timeframe. If you are looking for an AI stock that is more promising than PANW but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

READ NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock.

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