Fastly Stock: 3 Reasons to Buy the Dip

Shares of edge-computing specialist Fastly (NYSE: FSLY) were slammed last week. The tech company caught investors off guard when management announced preliminary third-quarter revenue that was below its guidance for the period. Since the unexpected announcement, shares have slid about 33%.

After a third of Fastly's market value has been erased, is this a good time for investors to buy into this growth stock? I think so -- and here are three reasons why.

Image source: Getty Images.

Continue reading


Source Fool.com