Forget Fastly: This Edge Computing Rival Is the Better Buy
Some of the big winners this year have been next-gen internet connectivity services. Due to the pandemic, much of the economy has moved online. Companies that allow businesses to reach consumers in fast, secure ways via digital channels have boomed.
Perhaps the biggest poster child for this phenomenon has been Fastly. Fastly is a content delivery network that allows companies to deliver their applications at lightning-quick speeds to end users. Its service is of utmost importance now that internet traffic has gone into overdrive.
Fastly has also skyrocketed 530% in 2020, and now trades at a nosebleed valuation of 54 times sales. Not earnings -- sales.
Source Fool.com
