Jim Cramer Praised These 6 Companies’ Exceptional Management

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

Number of Hedge Fund Holders: 64

Cramer discussed how Nikesh Arora turned around Palo Alto Networks, Inc. (NASDAQ:PANW) and increased the company’s value since taking over in 2018.

“Let me give you another one, it’s kind of funny. This one is Nikesh Arora. When he took over at Palo Alto Networks, PANW, a once powerful cybersecurity company that had fallen behind the others, people thought turning this business around was too big a task. At best, he’d just be a deal maker and a so-so one at that. I knew Nikesh is [a] brilliant competitive guy whom I wanted to bank with, which is why we bought the heck outta the stock… Now, Palo Alto had a $19 billion market capitalization when Nikesh took over on June 6th, 2018, it’s now worth $123 billion. He created $104 billion in value.”

Palo Alto Networks, Inc. (NASDAQ:PANW) is a leading cybersecurity firm globally, offering an extensive range of security solutions. Since June 2018, PANW stock has seen a whopping gain of over 460%.