Palo Alto Networks ($PANW) podcast mentions
Okay. Here's what's happening. We've been looking at companies that have high, high-priced earnings multiples and we've been shrinking them as the Fed raises rates. The multiple that people pay for earnings will go down. Right now it's 27 times earnings. In a rate cycle where the Fed is raising rates, that P/E multiple, which is why I wrote my whole book about P/E multiples, that has to come down. And that's why that stock is going lower. All right. Listen to me. Buyers will come back, but they won't come back to the same place. And remember, from now on, we're fighting the Fed. On Main Money Tonight, the cyber stocks are uniquely positioned in this market with all the talk of AI safety. They're not dancing to the Fed. I'm going to sit down with Palo Alto Networks to find out how the company is staying ahead of the game. Then Arm Holdings is at the center of what could be a multi-year chip shortage. I'm getting the latest from the company CEO. And Okta has finally broken free of the AI displacement fears and is really starting to get a beat on the bad agents. I've got the CEO. Stay with Kramer.
Jim Cramer · Mad Money w/ Jim Cramer · Mad Money w/ Jim Cramer 9/16/26 · 2026-09-16Never bet against American grit or American energy. Through innovation, Venture Global is not only building some of the largest energy energy facilities in the world right here in the United States, but delivering American energy at a fraction of the cost in a fraction of the time. So while others are busy talking, we're busy building. That's Venture Global. That's unstoppable energy. I came out Sniffed through this week, right as everybody started talking about the need to slow down AI development, prevent agents from running wild. But in the end, I think this whole issue comes down to great hygiene, cybersecurity. And that's why I want to check in with Palo Alto Networks, a cybersecurity leader that we own for the Chappell Trust.
Jim Cramer · Mad Money w/ Jim Cramer · Mad Money w/ Jim Cramer 9/16/26 · 2026-09-16This week, Palo Alto stock caught fire, up a quick 14% because Wall Street finally recognizes that you can't have powerful AI without equally powerful cybersecurity. Don't take it from me. Let's dig deep with Nikesh Arora, the chairman and CEO of Palo Alto Networks and an expert on what's happening right now. And many other things. Mr. Rourke, welcome back to Mad Money.
Jim Cramer · Mad Money w/ Jim Cramer · Mad Money w/ Jim Cramer 9/16/26 · 2026-09-16This is the Counter-Strike analogy. We're doing a Palo Alto analogy here. Come on. I saw you. I saw you.
Jim Cramer - 1 · Mad Money w/ Jim Cramer · Mad Money w/ Jim Cramer 9/16/26 · 2026-09-16Well, I think if I were on the board of a publicly traded company right now, and I've been on them, I would be saying to the chairman and the CEO, if we do something wrong and we hurt another company and we do not have Palo Alto with a process, a process that's positive. We're going to get sued for everything. But at least if we call the CFTC and we bring them in, we'll have been known as someone that had a duty of care.
Jim Cramer · Mad Money w/ Jim Cramer · Mad Money w/ Jim Cramer 9/16/26 · 2026-09-16He said he's a much better— you know, I was funny. If I were back on Wall Street, I would have said raising numbers. Palo Alto Networks. That's the cash reward. Chairman and CEO of Palo Alto is stock that we own for the trust. And holy cow, has it been great. Mad Money's back after the break.
Jim Cramer · Mad Money w/ Jim Cramer · Mad Money w/ Jim Cramer 9/16/26 · 2026-09-16I'm not going to say if Microsoft, OpenAI, and Anthropic are worried, then they should slow down. They understand their own issues. And if we want some sort of combination of the National Highway Traffic Safety Administration, Atomic Energy Commission, and maybe a watchdog like the International Atomic Energy Commission, count me in. But otherwise, I stand with NVIDIA's Jensen Huang, who argues that these execs are responsible. They'll do the right thing to prevent the throng of unauthorized agents. I think they'll do it if only to protect themselves from mass tort litigation, lack of anything willingness to— who's going to insure them? What I'm not so sure of is what happens if a foreign enemy unleashes its own swarm of agents. For that, I have to rely on Palo Alto, Okta, CrowdStrike and others to be one step ahead of the enemy. Historically, it's been a safe bet. I like what I heard from these companies this week. Now, how about my first hat, the investing hat that worried about data center spending? I think the spending will proceed apace. Anthropic's just making so much money and OpenAI is not far behind. You give them $10 billion worth of gigawatts and they can make $30 billion. They're not going to slow down the important parts of their business.
Jim Cramer · Mad Money w/ Jim Cramer · Mad Money w/ Jim Cramer 9/16/26 · 2026-09-16Honestly, I doubt they'll slow down much at all because there's just too much money at stake for them to stop now. They will be prudent and they will welcome regulators, but they're going to keep building. And that's why I think after the Fed fallout debates, these companies that make components for the data centers, I think they're all buys. You can have some big companies slow down while others remain responsible and confident without slowing and are using the right cybersecurity tools. That's why these cybersecurity stocks make so much sense to me, from Okta to CrowdStrike to Palo Alto. It's why we own two of them, CrowdStrike and Palo Alto, for the club. I asked every exec out here if they, if they're getting ready for the death sentence in 2030, although I did it with a little more subtlety to Sarah Farrer because she works at OpenAI, where the commotion originated. I came away thinking we have some time to fix things, but let's understand each other. We have to fix them no matter what. I like to say there's always a bull market somewhere. I promise to try to find it just for you right here on Mad Money. I'm Jim Cramer. See you tomorrow.
Jim Cramer · Mad Money w/ Jim Cramer · Mad Money w/ Jim Cramer 9/16/26 · 2026-09-16So we're, we're opening up more clinics in, in new cities. So soon we'll be in San Francisco, Palo Alto, Boston, Miami, LA, and we're just building them again as fast as we can find and train excellent doctors. Other thing that we have started doing in the states where we can do it legally is we started fitting people fully remotely. And this is an amazing solution, particularly for experienced hearing aid wearers. If you send us a picture of your hearing aids, from that picture we can tell, okay, how long a wire do you need? What type of rubber ear tip are you accustomed to using? What size? We can basically get all the physical fit. You send us your most recent audiogram, And over Zoom, you work with an audiologist that's licensed in your state, sometimes even co-located in your state in order to comply with state-level regulations.
Matthew de Jong · Equity · Why Thrive, Founders Fund, and Antonio Gracias are betting on hearing aids · 2026-09-16Yeah, look, I feel that people think there's this giant gulf between what Jensen's saying and say what Sarah's saying. I think that there's, there's a little more alignment, so to speak, in the idea that, look, we have to be careful. We have to have guardrails. We do have cybersecurity. I had George Kurtz on yesterday from CrowdStrike. I have Toby Kinnan on Okta, which is identity. I, and I think that I have Nikesh Arora from Palo Alto. I'm trying to speak to every one of these. I feel better that we have it under control when it comes to the people who know what they're doing. I think that Jensen made a point that was very interesting where he's saying, look, the people who were opining on this, they're not— some of them are not researchers. They don't really know what they're doing. David, there is a belief that perhaps things aren't out of control. But then you have this, you know, you have the swarm of 1,200.
Jim Cramer · Squawk on the Street · Squawk on the Street 9/16/26 · 2026-09-16I think that's right. I think there's room for a lot of improvement. I have Keshav Roy today from Palo Alto and George Kirsch yesterday and Tom McKinnon from Okta, which is Identity. I think that what Kesh will talk about is maybe you can't stop a 1,200-horse stampede that went on, but he does have some fixes that would make it So you knew, you know, which part of your organization is vulnerable or which parts. I think we need to do that. And I think that cyber industry does have to work together. And I don't think anyone disagrees with that. I think that what they disagree with was the, let's say, the scare. It's the, it's the we're all going to die, David. That's what people just say. God, I wish that the— I wish that gentleman said, you know, there's so many vulnerabilities, we do have to slow down. But we're all going to die narrative was killed yesterday because I think people just say, you know what, we're going to solve this. We have it. We have the ability to have agencies. Nuclear power.
Jim Cramer · Squawk on the Street · Squawk on the Street 9/16/26 · 2026-09-16Yeah. Oh my God. We have Rene Haas. I think he could tell us about Intel. SK Hynix. Intel is starting to come in. Palo Alto and Okta. You know what I think the We're going to hear from the CFTC that he's got some solutions. I know that George Kurtz felt that all the things that were talked about can be dealt with. Made me feel better. But I'm with David in the sense that regulatory must happen. There has to be— don't know who's going to do it, but we have to have it. But it can be like the Atomic Energy Commission. And therefore, I think that everybody can win. And the Jensen is still the person I would trust more than anybody else. This whole thing.
Jim Cramer · Squawk on the Street · Squawk on the Street 9/16/26 · 2026-09-16Well, George Kurtz, CrowdStrike, they were the biggest gainer in the S&P 500 yesterday. Palo Alto Networks was a close second there. And yeah, my takeaways from, from George is that, you know, him explaining there needs to be another layer of cybersecurity to monitor the agents while they operate. You know, still kind of reeling from that Hugging Face incident where the agents went rogue and tried to, to cover their tracks. Portfolio-wise, we did nibble on some Micron shares yesterday as the group showed signs of stabilization.
Jeff Marks · Squawk on the Street · CNBC Investing Club: Cramer’s Morning Take on Chip Stocks 9/15/26 · 2026-09-15I like anyone who's thoughtful about the wholesale murder of innocents by a swarm of angry agents. But I am a little jaundiced that if the majors are advocating a slowdown that could lock them into a position where they can put down $10 billion and make $30 billion per gigawatt, which might be possible for Anthropic, OpenAI, well, they got the goods. That would put them well past all these hyperscalers we talk about all the time when we try to calculate profitability. Although I don't believe these risks are all a hoax, as President Trump assures us, I'm naturally skeptical when these leading AI labs are pushing policies that could make them a heck of a lot more profitable and leave everyone else behind. Now, there were real casualties today. Any company that actually makes or designs or constructs part of a data center got blown out in an attack that lasted most of the session. Market floor was littered with the stocks of companies that make fiber for the energy of these warehouses full of servers. But there were also some spectacular advances led by cybersecurity stocks like Palo Alto Networks. Yes. And like CrowdStrike. Who's here? Be with us in a minute. They led us for a simple reason. When the heads of Anthropic and OpenAI are warning about AI risk, every other company knows that they need better cybersecurity. I don't know how you can get insurance without hiring one of those two companies. I'm skeptical that AI agents will be able to wipe out the human race. Skeptical. But lots of business owners could certainly have their data held hostage by smart but rogue agents. Will we get an actual slowdown of AI expansion? We need to hear from Broadcom CEO Hock Tan later tonight. He's going to tell us, are any of the slapdown stocks worth buying? I would love to tell you yes, but then tomorrow oil could be back up, rates might fly higher, and we'll be on the verge of a Fed meeting where Fed Chief Warsh might raise rates, much to the chagrin of the president who appointed him. To cut rates. And maybe we'll hear about some new AI hack that makes the Hugging Face incident look like child's play. Bottom line, we wait. We see if the existential threat is off the table.
Jim Cramer · Mad Money w/ Jim Cramer · Mad Money w/ Jim Cramer 9/14/26 · 2026-09-14But is it not true, George, that unless you hire, say, CrowdStrike, maybe Palo Alto, you could go out of business if something happens? I mean, these guys are obviously— what you're saying is that the agents are far more sophisticated than the so-called older bad guys. These agents are much more capable. If you don't hire CrowdStrike, if you don't hire Palo Alto, aren't you just legally— I don't know. I don't want to say deserving of what's going to happen, but, you know, you have to take insurance and the insurance is cybersecurity.
Jim Cramer · Mad Money w/ Jim Cramer · Mad Money w/ Jim Cramer 9/14/26 · 2026-09-14