Palo Alto Networks ( PANW -0.20%) is one of the top names in the cybersecurity industry, and its stock has turned out to be a fruitful investment over the past two years. Share prices are up 157% during this period, beating the 78% gains registered by the Nasdaq-100 Technology Sector index.

From fiscal 2019 to fiscal 2024 (which ended last July), Palo Alto's revenue grew at a compound annual growth rate (CAGR) of 23%. It also turned profitable on a generally accepted accounting principles (GAAP) basis in 2023 and 2024. Start Your Mornings Smarter! Wake up with Breakfast news in your inbox every market day. Sign Up For Free »

Palo Alto Networks PANW has outperformed the market over the past 10 years by 12.93% on an annualized basis producing an average annual return of 24.52%. Currently, Palo Alto Networks has a market capitalization of $123.