10 AI Stocks Worth Watching Today

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

Number of Hedge Fund Holders: 83

Palo Alto Networks, Inc. (NASDAQ:PANW) is a leader in AI-powered cybersecurity. On February 25, Citi analyst Fatima Boolani maintained a “Buy” rating on the stock and a $220.00 price target. Boolani noted how Palo Alto is managing the challenging macroeconomic environment well while also maintaining operational and free cash flow profitability. The company’s ongoing product cycle and commitment to platformization enhance its prospects.

Palo Alto Networks, Inc. (NASDAQ:PANW) is also making considerable investments in generative AI, integrating the technology in offerings such as XSIAM, Extended security intelligence, and automation management, which uses AI to automate security tasks. Rebranding its Prisma Cloud and focusing on network and security operations modernization are likely going to support mid-teens revenue growth. All of these factors underscore the firm’s confidence in Palo Alto’s growth potential.