Jim Cramer Raises Big Question About Tariffs & Discusses These 11 Stocks

6. Palo Alto Networks Inc (NASDAQ:PANW)

Number of Hedge Fund Holders In Q4 2024: 63

Palo Alto Networks Inc (NASDAQ:PANW) is a cybersecurity company whose shares have dropped by 9.2% year-to-date. The firm has struggled due to a weak earnings report in February and a broader weakness in tech stocks due to investor concerns about economic weakness. Cramer’s previous comments about Palo Alto Networks Inc (NASDAQ:PANW) have praised the firm’s CEO Nitesh Arora. This time around, he commented on a media report that had used Arora’s comments:

“Now, like this piece in The Information using Nitesh Arora, who is the CEO of Palo Alto, who would just tell me is not really referenced at all to what he’s talking about. It’s used completely out of context. . . he just said it’s out of context.”

“Meanwhile I’m working on the Nitesh story here. And this information, and I’m not getting the, kind of negative rap. That I’m hearing, I think that what this is involving an article in The Information, which questions the cost of NVIDIA’s chips. And I think that these are situations where you don’t have to necessarily buy the latest and greatest. As a matter of fact if you listen to what David was saying about Michael Intrator, and the depreciated life of a Grace Blackwell . . .he might be able to get those for a very good price.”