Did Jim Cramer Nail or Miss These 14 Stocks?

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2. Fastly, Inc. (NYSE:FSLY)

Number of Hedge Fund Holders: 28

Fastly, Inc. (NYSE:FSLY) is a cloud computing services provider, specializing in edge computing and content delivery networks. In that older episode, Cramer was critical of Fastly:

“That’s not one of my favorites. I’m not going to endorse that stock. I didn’t think the last couple of quarters were that good. Maybe someone takes them over, but I see nothing that makes me want to buy it.”

Fastly, Inc. (NYSE:FSLY) has declined 44.76% since that episode, backing up Cramer’s bearish view on the company.

The host of Mad Money spoke about the stock again on the 6th of February this year, retaining his bearish stance on it:

“No, I mean they’ve missed a quarter too often. If you want to be in that, you wanna be in CloudFlare, which just reported tonight. Matthew Prince, doing an absolutely terrific job.”

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