PANW

Zacks Market Edge podcast episode #503 features five stock picks for investors seeking opportunities amid market volatility. The selections span growth stocks (Palantir, Palo Alto Networks), value plays (BP), consistent performers (Visa), and pharmaceuticals (AbbVie), offering diverse investment strategies across different market conditions.

Zacks stock strategist Tracey Ryniec highlights five stocks breaking out to new highs despite October market volatility. The picks span growth and value categories: Palantir Technologies (strong revenue growth but expensive valuation), BP (cheap energy play with high dividend yield), Palo Alto Networks (cybersecurity leader with consistent earnings), Visa (payments leader with perfect earnings track record), and AbbVie (pharma company with growth potential but recent estimate cuts).

Palo Alto Networks stock declined 5.54% on October 14, 2026, underperforming the S&P 500's 1.11% loss. Despite strong expected earnings growth of 4.3% and revenue growth of 33.62% for the upcoming quarter, the stock trades at a premium valuation with a Forward P/E of 95.02 versus the industry average of 57.68. The company holds a Zacks Rank of #3 (Hold) with a PEG ratio of 6.31, significantly above the industry average of 3.2.