Underscoring this, in his final days in office, former President Biden signed an executive order focused on improving U.S. cybersecurity, stating that "adversarial countries and criminals continue to conduct cyber campaigns targeting the United States and Americans.

Palo Alto Networks ( PANW -0.20%) is one of the top names in the cybersecurity industry, and its stock has turned out to be a fruitful investment over the past two years. Share prices are up 157% during this period, beating the 78% gains registered by the Nasdaq-100 Technology Sector index.

We recently published a list of Top 10 High Flying AI Stocks This Week. In this article, we are going to take a look at where Palo Alto Networks, Inc. (NASDAQ:PANW) stands against other top high-flying AI stocks this week.

From fiscal 2019 to fiscal 2024 (which ended last July), Palo Alto's revenue grew at a compound annual growth rate (CAGR) of 23%. It also turned profitable on a generally accepted accounting principles (GAAP) basis in 2023 and 2024. Start Your Mornings Smarter! Wake up with Breakfast news in your inbox every market day. Sign Up For Free »

SoundHound saw its shares climb 836% in 2024 while Palo Alto returned a more pedestrian 23%. But Wall Street only expects one to repeat its performance while the other could be in for a down year.