Fast‘s (NYSE: FSLY) Revenue and share price have increased as Content Delivery Networks (CDNs) deliver material to users in real time. However, the stock is up despite Fastly operating in a highly competitive environment, sometimes against the world’s largest and best-funded tech companies. More recently, the stock has pulled back from record highs, so investors need to understand Fastly’s business and financial condition before they can determine if this cloud stock is a buy.
Fastly’s competitive advantage
Quickly specialized in edge computing, which brings data from a central server in the cloud to a data center that is much closer to a user’s location. This enables speed, security and scalability when accessing websites or apps through its CDNs. The company has strategically built data centers around the world to maximize performance.
Big cloud providers like, of course AmazonAWS and alphabetGoogle …