Is Fastly Stock a Buy?
Fastly's (NYSE: FSLY) revenue and stock price have surged as its content delivery networks (CDNs) bring material to users in real time. However, the stock has climbed even as Fastly operates in a highly competitive environment, sometimes against the world's largest and most well-funded companies in tech. More recently, its stock has pulled back from record highs, so investors need to understand Fastly's business and financial condition before determining whether this cloud stock is a buy.
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Fastly specializes in edge computing, which brings data from a central server in the cloud to a data center much closer to a user's location. This allows for speed, security, and scale when accessing websites or apps through its CDNs. The company has built strategically placed data centers worldwide to maximize performance.
Source Fool.com
