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3 Great Reasons to Buy Cloudflare


Cloudflare (NYSE: NET) isn't a household name today, and it probably won't ever be one. But the services it provides are becoming more relevant every day. Cloudflare's mission is to build a better internet, and it's doing just that. With tailwinds of software applications moving to the cloud, this behind-the-scenes specialist could become a multibagger in your portfolio over the long run.

Let's look at three reasons why.

Companies are transitioning from legacy on-premise hardware solutions (servers in their own data centers) to using software-as-a-service applications. As companies make this leap, they find that the Band-Aid solutions they've put in their own data centers to make their applications run faster are no longer adequate. Enter Cloudflare.

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Source Fool.com

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