With hacking and cyber security making headlines, Jim Cramer recommended a few cyber security stocks for investors, including Palo Alto Networks (PANW), Fortinet (FTNT), FireEye (FEYE), and Cyberark Software (CYBR). Of that group, Fortinet is his favorite. Jim also said if you want to think longer term, a stock with a bad chart but a good 3% yield is Cisco (CSCO), which Jim said he thinks is doing the best work in the cyber security space. Jim was asked if FireEye can return to the $100 level. He doesn’t think it can but says the stock can easily go to $60 or $65 a share. On Friday, the U.S. government said the personal data of millions of federal employees was compromised in a security breach. In other topics, Jim was asked whether to buy, hold or sell stock of Verifone (PAY) which recently reported earnings. Jim responded ‘nothing like buying at the top, come on!’ He said investors should buy the stock at $36. Jim Cramer answers your Twitter questions from the floor of the New York Stock Exchange throughout the week.
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