On today's episode of Good Buy or Goodbye, host Julie Hyman is joined by Threadneedle founder Ann Berry to discuss her top stock picks within the tech sector...
) as a buy, highlighting the company's strong positioning in the cybersecurity market. She notes that businesses are increasingly seeking to outsource their"cybersecurity solutions from one place," and Palo Alto's business model caters to this demand. Additionally, Berry emphasizes that the company has forged"big strategic relationships" and secured contracts with multiple prominent enterprises, such as United Healthcare .
Historically, you know, businesses have had to go out and put a hodgepodge of different pieces of the elements of cyber security together, and they're saying, You know what?And Palo Alto has really been leaning into being a solutions provider, hitting on a lot of those different vertical solutions.Big ones.
And then finally, also, there's the free cash flow that we are seeing at the company that could potentially be growing.That's right now that's before they continue to see some of the efficiencies they're very focused on cost.If they could pick their acquire, they'd like to be bought by Palo Alto Networks.So you think if they're going out there to make acquisitions, it's going to be of technology.
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