3 Things Fastly Stock Bulls Need to Happen Soon
Cloud computing stocks have held up very well during the coronavirus crisis, as enterprises across the globe accelerate their transition to remote operations and e-commerce. With more people than ever needing to access information remotely, Fastly (NYSE: FSLY) has seen demand for its content delivery network services rise dramatically.
Fastly's stock doubled in just four weeks during June and early July, and investors appear more excited than ever about the company's ability to capitalize on its edge cloud computing expertise. Yet after such a steep rise in its share price, Fastly needs for its fundamentals to catch up. Here are three things in particular that Fastly bulls want to see to justify the gains the stock has seen recently.
Image source: Fastly.
Source Fool.com
