Circle back to tech high flier?

(Click for video linked to a searchable transcript to this Mad Money segment)

Once a $60 stock, at $43 is it time to take another look at Palo Alto?

Cramer can't help but wonder.

Palo Alto's state of the art technology couldn't be more desirable.

"It's a next-generation network security company with a proprietary firewall platform that allow its clients to have customized control over what their employees can access through the Internet," Cramer explained.

Online security is a rapidly growing business. Perhaps that's why shares surged over 26% on their first day of trade earlier in the year.

Izabela Habur | E+ | Getty Images

However, "the company stumbled when they reported back in June," Cramer noted. And the market has no patience for high fliers that stumble.

"Since that time this high-growth, high-multiple tech stock has struggled to attract buyers," Cramer added.

The stock could be oversold.

Afterall, "Palo Alto gave strong guidance for the next quarter and the company's taking share," Cramer said.

Read More from Mad Money with Jim Cramer
What's driving Google? Cramer explains
Why Cramer sees upside in Apple
Amid pullback, this stock a buy: Cramer

However, there's also cause for concern.

"The company is also being sued by Juniper Networks for patent infringement, with summary judgment hearings next month along with a trial scheduled for February, and I think the litigation's a real concern."

Nonetheless, Cyber-security is a rapidly growing field and "Palo Alto has a real solution."

Call Cramer: 1-800-743-CNBC

Questions for Cramer? madmoney@cnbc.com

Questions, comments, suggestions for the "Mad Money" website? madcap@cnbc.com

Contact Mad Money

  • Showtimes

    Monday - Friday 6p ET
    Saturday 8a, 1p, 7p SYD
    Sunday 12a, 1a, 8a, 7p SYD
    New Zealand
    Saturday 10a, 3p, 9p NZ
    Sunday 2a, 3a, 10a, 9p NZ
  • Jim Cramer is host of CNBC's "Mad Money" and co-anchor of the 9 a.m. ET hour of CNBC's "Squawk on the Street."

Mad Money Features

  • Grab the latest CNBC gear from the NBCUniversal Store!

  • Get a behind-the-scenes look at how Cramer formulates his investment advice. "Inside the Madness" is a column, which features e-mails and more with Cramer and his researcher Nicole Urken.

  • You’ve always wanted to hit the “Hallelujah!” button. Here’s your chance.

Mad Money Moments

Cramer's New Book