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Cloudflare Stock Is Soaring: Is It a Buy?

·3 min read
Cloudflare Stock Is Soaring: Is It a Buy?
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Just when the stock of edge network software specialist Cloudflare (NYSE: NET) seemed like it couldn't go any higher in the near term, it did. The growth stock soared almost 8% on Monday, giving shares a 57% gain month to date. Investors cheered as the company announced a partnership with Microsoft's Bing (NASDAQ: MSFT) and other search engines to make search results more timely.