This cybersecurity stock could be one of the next under-the-radar A.I. plays, analysts say

Why this software stocks could be one of the next big A.I. plays, analysts say

Alphabet and Microsoft seem to dominate the artificial intelligence conversation. But don't underestimate Palo Alto Networks as one of the next big AI plays, at least in the enterprise space, some analysts say. Analysts this week highlighted the cybersecurity provider and its central AI role on the heels of a strong earnings report and guidance lift that pushed shares up more than 12% during Wednesday's trading session.

mountain Palo Alto shares pop on earnings "As the only security vendor with critical mass of data across all major threat vectors , we think Palo Alto Networks is in a unique position to leverage AI to drive automation in security operations," wrote Morgan Stanley's Hamza Fodderwala in a Wednesday note to clients. The drive for AI resources has overtaken Wall Street in recent weeks after the blowout launch of ChatGPT in late 2022.

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