Stock price when the opinion was issued
Cybersecurity stocks--despite several recent major hacks--have gone nowhere, because of their high valuations by any metric. In mid-April they topped and sold off, but are back to their April highs, including Palo Alto and Zscaler. The bigger picture is that what happens if cybercriminals go after the banks or exchanges? Yes, these stocks are expensive, but you want to buy them, such as Palo and Zscaler. Cyber attacks aren't going away, but will get worse.
They just reported a super quarter: top and bottom line beat and raised their full-year revenue forecast. Shares jumped nearly 10% for two days, but still below its 2021 all-time high.