Where Will Fastly Be in 1 Year?
Investors would be hard-pressed to find a tech stock hotter than Fastly (NYSE: FSLY) right now. The company's stock has skyrocketed 320% over the past three months, thanks to strong results in the company's most recent quarter and on hopes that Fastly's edge computing and content delivery network (CDN) services will continue growing.
As the company's name suggests, Fastly's services help companies speed up their websites, apps, location-based services, and videos, and investors have taken a particular interest in the company as more and more businesses are looking to boost their online services during the current pandemic.
Image source: Fastly.
Source Fool.com
