Palo Alto Networks (PANW) is an extremely popular stock but it seems to be running out of gas based on its 4QFY24 earnings report out Monday afternoon. 4QFY24 revenue increased only 12% and they guided FY25 to +13%-14%. And yet the stock trades like a high flyer with a 55 P/E on forward earnings guidance ($343.36 / $6.245 = 55). Consider me unimpressed. I will continue to hold my marginal short position…..
