Jim Cramer: This Tech Stock Is A Buy, Qualcomm Will 'Go Higher'

Jim Cramer

On CNBC's “Mad Money Lightning Round,” Jim Cramer recommended buying Palo Alto Networks, Inc. (NASDAQ:PANW).

Palo Alto, on July 20, entered into a definitive agreement with CyberArk to acquire the identity security company. Shareholders of CyberArk will receive $45 in cash and 2.2005 shares of Palo Alto common stock for each CyberArk share held for an approximate equity value of $25 billion.