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Is Cloudflare Stock a Buy Now?

TheMotleyFool

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Is Cloudflare Stock a Buy Now?Photo, wide shot, wide-angle lens, Telecom equipment supplier, Blue hour, twilight, cool, ISO1200, slow shutter speed, photo by Michael Light: https://img.theapi.app/temp/ad10ed87-71d0-4096-a50b-ba9470f8264b.png

Shares of Cloudflare (NYSE: NET) have been in the doghouse for months. Down 38% over the last 12 months, it's understandable why some investors have given up hope on the cloud application provider.

Yet now could be precisely the wrong time to ditch Cloudflare. Indeed, with growth stocks starting to show their first signs of life in over a year, now might be the time to load up on shares of Cloudflare.

Let's have a closer look to see why.

Source Fool.com

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