The tweet was deleted by the author.
But we saved everything 🙂.
CEO purchases $10 million and company launches $1 billion buyback, Stephanie Link notes
Stephanie Link commented that the selloff in PANW and other cybersecurity stocks is excessive. She pointed to the CEO's personal purchase of $10 million worth of shares, along with the company's announcement of a new $1 billion buyback program, as key reasons for her view.
Earlier this month, Stephanie Link noted that the S&P oscillator reading of minus 8 shows stocks are oversold, highlighting upside potential for select names in U.S. markets (link). In a separate update, she reported that Bank of America projects 7% net interest income growth and strong commercial loan momentum for the first quarter (link). Both comments reflect Link’s recent focus on specific market signals and company fundamentals.
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