Top 12 Trending AI Stocks on Latest News and Ratings

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

Number of Hedge Fund Holders: 64

Palo Alto Networks, Inc. (NASDAQ:PANW) is a leading cybersecurity vendor offering comprehensive platforms and services backed by artificial intelligence. Its stock is experiencing an upward trend in the aftermath of analysts at Citigroup reiterating a Buy rating on the stock on January 17th.

The buy rating comes amid expectations that Palo Alto Networks, Inc.’s (NASDAQ:PANW) will enjoy robust growth as its market share in the cybersecurity sector increases. The stock is expected to more than double in the next five years, driven by a 17% compound annual growth rate in free cash flow. Supporting the estimates is the fact that the company is increasingly investing in AI-powered solutions.

Palo Alto Networks, Inc. (NASDAQ:PANW) is increasingly investing in AI and attracting strong interest going by the $100 million plus deal with UK Home Office. Over the last ten years, the company has developed into a more complete security platform, incorporating machine learning and artificial intelligence (AI/ML) capabilities into a growing range of cloud-based products. The company’s Precision AI framework aims to transform cybersecurity by detecting and responding to threats on its own.