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Circle back to tech high flier?

Palo Alto Networks' market opportunity

(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 | 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.

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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

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