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Is Fastly Stock a Buy?


Earlier this year, you probably wouldn't have guessed that Fastly (NYSE: FSLY) was a monster stock in the making. Over a period of just 25 days between mid-February and mid-March, Fastly lost more than 50% of its value. From its bottom, however, the stock has been true to its name -- quickly roaring back and gaining more than 650%. In the process, it has become one of the best-performing stocks of 2020 (thus far).

This raises the inevitable question among investors who feel they've missed the boat. After such unprecedented gains, should investors consider adding Fastly stock to their portfolios right now, or has that ship already sailed?

Image source: Getty Images.

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Source Fool.com

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