Five years in the cybersecurity wars: $10,000 in Palo Alto Networks is now $44,853, while the same bet on Fortinet sits at $20,678. Same sector, same window, more than double the payoff.
Latest Activity
Every one of the five biggest decliners at the open is a Brazil-linked name, led by Nu Holdings down 21.7% and Itau Unibanco down 21.3%. Tesla tops the gainers at 4.5%, a fraction of the damage on the other side of the board.
Four cybersecurity names took the top gainer slots at Friday's close, with CrowdStrike up 8.2% to lead a group that rarely moves in lockstep. The damage sat in telecom, where AT&T and T-Mobile both landed among the day's worst losers alongside Bloom Energy.
Mad Money w/ Jim Cramer 10/13/26
- Semis called the market's ball and chain: the VanEck chip ETF fell 7.22% over six sessions, its worst streak since May of last year
- Cramer says Micron's China memory fears are overblown, pointing to 26 long-term take-or-pay contracts running to 2030
- Apple stays a buy into the foldable two-screen iPhone, with new Siri devices driving memory and CPU demand
- Wells Fargo should have been a winner on Charlie Scharf's rate-sensitive setup and next-year guidance
The call is to ignore the chip tape and look at where the silicon actually goes: Cramer argues Micron and AMD demand is real even as Korean memory pricing drags the whole group lower. He also thinks the bank selloff mispriced Wells Fargo, which makes more money if rates keep climbing.
- HPEHewlett Packard Enterprise$69.33+9.2%
- ASXASE Technology Holding$47.45+5.0%
- AMCAMC Entertainment$2.77+4.4%
- MRNAModerna$190.01+4.4%
- SSentinelOne$25.06+4.0%
- LITELumentum$1,085.42+3.1%
- KEYSKeysight Technologies$384.64+3.0%
- CRWDCrowdStrike$270.04+2.9%
- RBRKRubrik$118.58+2.6%
- PANWPalo Alto Networks$403.24+1.8%
Nineteen stocks cleared fresh 52-week highs this week, and Hewlett Packard Enterprise led the pack by topping its prior peak by 9.2% at $69.33. ASE Technology, AMC, Moderna and a cluster of security names including CrowdStrike and Palo Alto Networks also broke out.
Palo Alto Networks closed the quarter at a record $397.31, within reach of a $400 handle. A record close into quarter-end puts the stock at levels it has never held before.
AMC Entertainment's 10.88% jump to $3.26 was the only double-digit move of the session, and the downside was where the size was: five names finished off more than 6%, led by Arm at -8.48%. Chip and consumer-tech leaders took the brunt of it.
Chips and hardware took the top five slots at Thursday's close, led by ON Semiconductor's 5.52% gain, while every big decliner but one was a cybersecurity name. Zscaler's 9.88% drop to $193.43 was the worst in the group.
Travel took the worst of Wednesday's close, with Expedia down 7.72% and Airbnb close behind at 7.56%. Software ran the other way: Palo Alto Networks led all gainers at 4.87%, with Palantir back near $192.
Zscaler finished Monday up 16.8% at $192.17 while Coherent shed 12.5%. Four of the top five gainers are cybersecurity names, and four of the five losers are chip and infrastructure plays.
PANW Coverage
Jim Cramer Praises New “AI Kill Switch,” Says “You Should Just Go Buy CrowdStrike”
Jim Cramer just told viewers to buy a cybersecurity stock after its CEO showed him what he called the holy grail of AI safety, but the product itself carries a significant warning…
CrowdStrike Slides 3% Despite Deutsche Bank Upgrade and CoreWeave Deal; Fortinet Falls 3%, Palo Alto Drops 2%
Two bullish headlines couldn’t keep CrowdStrike Holdings (NASDAQ:CRWD | CRWD Price Prediction) from slipping as cybersecurity stocks sold off to open the week. CrowdStrike stock is at $242.58, down 3% early in…
Datadog Sinks 12%, CrowdStrike Falls 4% Despite $6.3 Billion Binance Hack Spotlighting Cyber Defense; Palo Alto and Fortinet Slide 3%
A headline-grabbing crypto theft is putting digital defense in the spotlight, yet security-linked software stocks are falling with the rest of tech. Datadog (NASDAQ:DDOG | DDOG Price Prediction) stock is at $233.41…
Jim Cramer Says Sell Fortinet and Buy Palo Alto and CrowdStrike Instead
Fortinet beat earnings and still watched its stock crater nearly 20% in a week, sending shockwaves through the entire cybersecurity sector. Now one high-profile voice says the panic created a rare opportunity…
Fortinet Tumbles 20% as Service Revenue Forecast Cut Overshadows Beat; Palo Alto Drops 5%, CrowdStrike Falls 4%
A lowered service revenue forecast is overshadowing an earnings beat and a higher billings outlook at Fortinet (NASDAQ:FTNT | FTNT Price Prediction), and the selloff after a big run is pulling the…
Software Stocks Are Getting Crushed Again After Hours
Fortinet and ServiceNow both beat revenue estimates after the close, and both stocks cratered anyway, dragging dozens of other software names down with them in what has become a troubling pattern for…
First F5, Now Fortinet: Wall Street Has Stopped Paying Security Stocks for Beating Earnings
Fortinet (NASDAQ:FTNT | FTNT Price Prediction) beat Wall Street on earnings and revenue after the close on October 28, 2026 and raised its full-year revenue outlook. Shares then fell 26% in premarket…
Altman Says, “I No Longer Think We’re Gonna Be Able To Just Patch All The Bugs.” CrowdStrike Is Already Up 120% This Year
Sam Altman says the old way of fixing software security is finished, and a fresh wave of AI-discovered flaws just took government websites offline across three countries. Now investors are scrambling to…
CrowdStrike’s CEO Says a Wave of Cyber Attacks Are Coming
CrowdStrike's CEO just warned that newly discovered flaws in the software powering most of the internet will trigger a wave of break-ins, and the stock market rewarded that forecast immediately. Whether investors…
Cybersecurity Stocks Rise as Evercore Survey Flags Strengthening Demand: Okta, CrowdStrike and Palo Alto Climb 4%
Cybersecurity stocks are outpacing the rest of large-cap tech after Evercore ISI’s quarterly survey of channel partners found a strengthening budget outlook across the sector. Okta (NASDAQ:OKTA | OKTA Price Prediction) stock…
Cybersecurity Stocks Slide as AI Financing Jitters Spread: Palo Alto Falls 7%, SentinelOne Sinks 9%, Zscaler Drops 6%
Cybersecurity stocks are giving back ground as concerns about how AI spending gets funded spread across technology. In afternoon trading, Palo Alto Networks (NASDAQ:PANW | PANW Price Prediction) stock is down 7%,…
Palo Alto Falls 4% as Report of OpenAI Cybersecurity Deal Hits Sector; CrowdStrike Drops 3%, Fortinet Slips
A report that OpenAI plans to buy a cybersecurity startup is rippling through the industry, and Palo Alto Networks (NASDAQ:PANW | PANW Price Prediction) stock is taking the hardest hit among the…
CrowdStrike Is Up 124% in 2026, Fortinet Is Up 142%: Take Profits, or Hold On for the Ride?
Cybersecurity stocks have surged past every benchmark this year, and investors holding triple-digit gains now face the hardest decision in a red-hot rally: stay positioned for more acceleration, or protect what the…
Zscaler Jumps 6% on Reaffirmed Revenue Outlook and IBM Security Pact; Palo Alto and CrowdStrike Gain 4%
Zscaler just dropped two pieces of news that sent the entire cybersecurity sector surging well past the broader market, and the debate over whether the rally holds any staying power is only…
A $1,000 Bet on Palo Alto Networks Beat the S&P 500 by More Than 5x Over Ten Years
Palo Alto Networks turned a humble firewall appliance into a sprawling AI security platform, and investors who held through three brutal drawdowns since 2020 found out just how much patience can pay…