Palo Alto Networks The next tremendous growth stock that's begging to be bought on the Nasdaq bear market dip is cybersecurity company Palo Alto Networks (NASDAQ: PANW). Since the major U.S. indexes hit their respective all-time closing highs between mid-November and the first week of January, the timeless Dow Jones Industrial Average, broad-based S&P 500, and growth-driven Nasdaq Composite (NASDAQINDEX: ^IXIC) have shed as much as 19%, 24%, and 34% of their value. Although Wall Street is worried about the near-term impact of historically high inflation on digital spending, they're ignoring the long-term potential for this industry leader.