Palo Alto Networks: Cramer's top cybersecurity stock

Piper Jaffray on Wednesday initiated coverage on five cybersecurity stocks, catching the attention of CNBC's Jim Cramer.

Analyst Andrew Nowinski gave "overweight" ratings to FireEye, Fortinet and Palo Alto Networks. Imperva and Symantec caught a "neutral" rating from the firm.

To Cramer, though, Palo Alto is the most attractive cybersecurity stock right now.

"This is, by far, the company that is way ahead of everybody and they will tell you that in terms of cybersecurity in this country, most companies are nowhere," Cramer said. "Only about 5 percent of companies have really adjusted ... Palo Alto has got solutions."

In turn, Cramer thinks the stock could soon soar to $100 a share.

—By CNBC's Drew Sandholm

DISCLOSURE: When this story was published, Cramer's charitable trust did not own FireEye, Fortinet, Imperva, Palo Alto Networks or Symantec.

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