During the September Monthly Meeting , we took questions directly from Investing Club members. Here are Jim Cramer's and portfolio director Jeff Marks' responses. Their answers have been edited for clarity. 1. Can you explain the buying strategy for initiating a position? Please use Broadcom as an example. Initial purchase 33 shares @ $865. Then subsequent purchases of 17 shares at $886 and 17 shares at $870. I am trying to understand the rules to follow.
How would the market react to a hack impacting a Palo Alto Networks customer? Jeff Marks: Since there's been a lot of hacks recently, I think negative at first but the market will quickly forget as hacks tend to happen. But as long as there are no major legal risks or major reputational risks associated with the hacks; it will be fine. Jim Cramer: Palo Alto Networks is the gold standard in cybersecurity. It is the protector against hackers.
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