3 Reasons I'm Bullish on Cloudflare After It Reported Earnings
Shares of many growth-oriented companies are down despite those companies reporting strong results in 2021. Cloudflare (NYSE: NET) is no exception, down over 50% from its all-time high set in November. It's an especially intriguing situation given that its 2021 results showcased how strong of a position Cloudflare is in.
Management also gave positive 2022 guidance, further validating Cloudflare's bull case. While market sentiment is currently negative, I think there are three good reasons to own Cloudflare's stock in 2022 and beyond.
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Source Fool.com
