Cloudflare Revenue Surges 54%: Can It Maintain Its Momentum?
While shares of other hot internet infrastructure companies like Fastly, Limelight Networks, and Akamai have stumbled recently, Cloudflare (NYSE: NET) continues its torrid advance. The reason? Third quarter 2020 revenue growth accelerated as the company is increasingly being turned to as a trusted partner to secure web traffic during the pandemic.
The case for owning Cloudflare for the long haul is only getting better -- though the stock currently trades for an ultra-high premium.
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Source Fool.com
