Cloudflare (NYSE: NET) and Fastly (NYSE: FSLY) are both cloud-based content delivery network (CDN) providers that accelerate the delivery of digital content for websites. They accomplish that by storing cached copies of the websites on "edge" servers that are located closer to their visitors than the original servers. They also shield those websites from bot-based attacks.

Cloudflare and Fastly both went public in 2019. Cloudflare's stock subsequently rallied more than 550%, but Fastly trades about 10% below its IPO price. Let's see why Cloudflare outperformed Fastly -- and if it's still the better growth stock.

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Source Fool.com