By Mill Chart
Last update: Nov 23, 2023
For growth-minded investors, high revenue and EPS growth are key criteria. Today, we'll examine whether PALO ALTO NETWORKS INC (NASDAQ:PANW) fits the bill for growth investing, particularly as it forms a base and hints at a potential breakout. Remember, due diligence is essential, but PALO ALTO NETWORKS INC has caught our attention on our screen for growth with base formation. It may warrant additional investigation.
Every stock receives a Growth Rating from ChartMill, ranging from 0 to 10. This rating assesses various growth aspects, including historical and projected EPS and revenue growth. NASDAQ:PANW boasts a 9 out of 10:
ChartMill employs a unique Health Rating system for all stocks. This rating, ranging from 0 to 10, is determined by analyzing various liquidity and solvency ratios. For NASDAQ:PANW, the assigned 5 for health provides valuable insights:
ChartMill employs its own Profitability Rating system for stock evaluation. This score, ranging from 0 to 10, is derived from an analysis of diverse profitability metrics and margins. In the case of NASDAQ:PANW, the assigned 6 is noteworthy for profitability:
Next to the Technical Rating, the Setup Rating of a stock determines to which extend the stock is consolidating. This score also ranges from 0 to 10 and is updated daily. The setup score evaluates various short term technical indicators. For NASDAQ:PANW this score is currently 7:
Although PANW has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More Strong Growth stocks can be found in our Strong Growth screener.
For an up to date full fundamental analysis you can check the fundamental report of PANW
Our latest full technical report of PANW contains the most current technical analsysis.
This is not investing advice! The article highlights some of the observations at the time of writing, but you should always make your own analysis and invest based on your own insights.
PALO ALTO NETWORKS INC
NASDAQ:PANW (2/22/2024, 7:02:29 PM)After market: 268.25 +0.43 (+0.16%)
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