From Yahoo Finance: 2025-04-22 13:41:00

Tech companies are thriving due to the rise of AI, but edge computing is gaining attention. Edge computing processes data where it’s created, enabling faster processing. The market is expected to reach $380 billion by 2028, with AI driving growth. Retail, manufacturing, transportation, and finance lead in edge spending.

Edge computing transforms data processing, leading to a shift towards cloud-based solutions. IDC predicts this shift as cloud providers enhance their capabilities for AI workloads. The top edge computing stocks favored by elite hedge funds are being monitored for investment opportunities.

Palo Alto Networks, Inc. (PANW) offers top security solutions for edge environments. The company integrates networking and security functions through its SASE framework, ensuring secure access to applications. PANW ranks 4th in best edge computing stocks to buy according to hedge funds, with a focus on promising AI stocks for higher returns.

Palo Alto Networks, Inc. (PANW) has surpassed $1.5 billion in sales through Google Cloud Marketplace. The company’s strong leadership in network security is acknowledged, but an attractive entry point is sought by investors. PANW offers growth potential, but other AI stocks may offer promising returns within a shorter timeframe.

Read more: Is Palo Alto Networks, Inc. (PANW) the Best Edge Computing Stock to Buy According to Hedge Funds?