Was Jim Cramer Right About These 13 Stocks?

7. Palo Alto Networks Inc. (NASDAQ:PANW)

Number of Hedge Fund Holders: 83

When asked about Palo Alto Networks Inc. (NASDAQ:PANW), Cramer reaffirmed his trust in the cybersecurity giant at the time, saying:

“We are sticking with it for the Charitable Trust, as we’ve told the Investing Club. […] Cybersecurity is going to be around for a very long time. Platformization is beginning to take hold, lots of customers are calling us, and hacks are continuing to rise.”

Palo Alto Networks Inc. (NASDAQ:PANW) has risen by 25.16% since then.

When a caller asked Cramer whether they should buy the stock on the 26^th of February, he replied with the following:

“Really interesting question. Nikesh Arora put up a really good quarter. The headlines were out immediately. Before they even could read the release, sellers came in. Had they read the release, they would’ve realized it is fine. I like Palo Alto very much. It’s a great way to get involved in cybersecurity.”