Where Will Fastly Be in 1 Year?

Fastly (NYSE: FSLY), which made its debut as a publicly traded stock in May 2019, has quickly become a tech stock darling. The edge computing and content delivery network (CDN) company's stock price blew past nearly everyone's expectations in 2020, skyrocketing roughly 350% over the course of that year. There are lots of variables in any company's growth, of course, but there are two reasons why investors can expect continued growth of Fastly's business over the next 12 months: More CDN demand and fewer concerns about its No. 1 customer.