Cloudflare Just Proved Why It's an Unstoppable AI Stock
When an investment trend as hot as artificial intelligence (AI) comes along, almost every company will try to tell investors how it is deploying or investing in it. Sometimes, they're just buzzwords from management to generate hype for its product. Other times, a company is legitimately using it or serving customers with it.
Cloudflare's (NYSE: NET) product isn't rooted in AI but provides its customers with the tools they need to make AI work for them. The company also recently reported some great news regarding AI, but does that make the stock a buy? Read on to find out.
Cloudflare provides the services necessary for the next age of the internet. Instead of an individual or business hosting a website on premises, Cloudflare allows its customers to host on the cloud. With this method, clients also get other improvements like faster speeds, enhanced cybersecurity, and increased network capacity.
Source Fool.com
