Prince And The New Cloud Generation

Think Cloudflare Is A Busted Pandemic Show Pony? We Beg To Differ

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All Empires Fade

Recency bias is a terrible thing in investing and trading. And when a thing is a thing for a very long time, it is easy to succumb to a fate worse than FOMO, and that is TINA, there is no alternative. From 2009-2021 if you wanted to make Big Money without Big Worry you could just buy Big Tech. And now? Well, now we think Big Tech has a little way yet to run up, but its halcyon days are over. Too big, too much regulatory attention, too little innovation, too lazy, too fat and happy etc. We don’t think the next chapter of tech belongs to Big Tech.

We think it belongs to the New Cloud Generation.

Which is to say, companies born in the cloud, built for the cloud, not retrofitted as such in order to gain a new lease of life. And chief among them is Cloudflare ( NET 0.00%↑ ).

Much has been written about NET in recent years and we don’t plan to rehash it here - in short the company has built on its content and app acceleration origins and moved into in-network security, rather convincingly as it happens. For a very fulsome walkthrough of the company’s product set and value proposition, our friends at Software Stack Investing provide excellent coverage, including this most recent piece.

In the remainder of this post, for our Premium and Pro members, we want to walk through why we believe now is a compelling time to be buying NET stock for the long term. We present fundamental and technical analysis in service of this argument. For disclosure purposes - we are long NET 0.00%↑ in staff personal accounts here at Cestrian.