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Companies in the cybersecurity industry have delivered market-thumping gains to shareholders over the past decade. The industry has enjoyed multiple secular tailwinds, such as the exponential rise of connected devices and the work-from-home trend, which has resulted in strong demand for device and data protection solutions amid a steep rise in online attacks. One outperforming cybersecurity stock is Palo Alto Networks (PANW),which has returned 950% in the last 10 years. Valued at a market cap of $111.2 billion, Palo Alto Networks went public in July 2012, and has since returned a monstrous 1,8…

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