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Cloudflare, Inc. (NET): A Bull Case Theory

We came across a bullish thesis on Cloudflare, Inc. (NET) on Substack by Oliver | MMMT Wealth. In this article, we will summarize the bulls’ thesis on NET. Cloudflare, Inc. (NET)'s share was trading at $106.81 as of April 22nd. NET’s forward P/E was 128.21 according to Yahoo Finance.

[caption id="attachment_1207155" align="aligncenter" width="768"] A computer engineer developing a secure cloud infrastructure solution.[/caption]

Cloudflare (NET) is a high-quality compounder benefiting from immense network effects, already managing 20% of global web traffic. With estimated...