Agree on the tailwind—enterprise security spend isn't optional anymore. PANW's platformization story is cleaner than CRWD's at this valuation. The question is whether the multiple compression we've seen is done, or if we're still pricing in too much perfection. What's your thesis on PANW holding 50+ P/E into a potentially choppier 2026?
I currently have PANW. I believe this sector is in for a tailwind in the next few years. But very pricey.
Agree on the tailwind—enterprise security spend isn't optional anymore. PANW's platformization story is cleaner than CRWD's at this valuation. The question is whether the multiple compression we've seen is done, or if we're still pricing in too much perfection. What's your thesis on PANW holding 50+ P/E into a potentially choppier 2026?
I made the mistake of buying over $200. The valuation bothers me, but with a hope the tailwind will carry the stock. But I may buy an etf instead