Fastly trades at at a price-to-sales ratio of 32. AND that's after a 40% drop in its share price and a guidance cut.
I mean, there are 4000+ other stocks to pick from and probably 10 other similar names in this space. I'm not sure I understand why so many people are crazy bullish about this name. Unless you think they can double and triple their revenue for the next 3 years without any more hiccups, this thing is still way overvalued and potentially way over followed.
Now, I have no position, and I respect the companies product. Becoming a publicly traded company is NOT easy. So anyone company that does that? Well ,impressive. But, this definitely on my watchlist. I think if it can bounce back into the 80s, some puts will look mighty attractive. a return to $50/share seems possible.
I mean, there are 4000+ other stocks to pick from and probably 10 other similar names in this space. I'm not sure I understand why so many people are crazy bullish about this name. Unless you think they can double and triple their revenue for the next 3 years without any more hiccups, this thing is still way overvalued and potentially way over followed.
Now, I have no position, and I respect the companies product. Becoming a publicly traded company is NOT easy. So anyone company that does that? Well ,impressive. But, this definitely on my watchlist. I think if it can bounce back into the 80s, some puts will look mighty attractive. a return to $50/share seems possible.
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Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.