According to Fortune Business Insights the global Cloud Computing Market Size is projected to reach USD 791.48 billion in 2028, at CAGR of 17.9% during forecast period (2022-2028); Rising Demand for Improved Virtual Access to Information among Industries to Foster Steady Growth
If you are interested in investing in the cloud computing market, here are cheap, undervalued cloud computing stocks under $5, $10, and $20 to consider.
1. Sutter Rock Capital Corp. (NASDAQ: SSSS)
2. GigaMedia Limited (NASDAQ: GIGM)
3. Fastly (NYSE: FSLY)
Fastly, Inc. operates an edge cloud platform for processing, serving, and securing its customer’s applications in the United States, the Asia Pacific, Europe, and internationally.
The edge cloud is a category of Infrastructure as a Service that enables developers to build, secure, and deliver digital experiences at the edge of the internet. It is a programmable platform designed for web and application delivery.
The company offers [email protected], full site delivery services, and performance services; and streaming solutions and services, including live streaming, media shield, and origin connect.
It also provides edge security solutions, such as DDoS protection and cloud, edge web application firewall (WAF), transport layer security (TLS), platform TLS, and compliance services; unified web application and API protection solutions that includes runtime self-application protection, advanced rate limiting, API and ATO protection, account takeover protection, bot protection, and next generation WAF.
In addition, the company offers edge applications, such as load balancers and image optimizers; video on demand; and managed edge delivery services.
It serves customers operating in digital publishing, media and entertainment, technology, online retail, travel and hospitality, and financial services industries.
Fastly, Inc. was incorporated in 2011 and is headquartered in San Francisco, California.
4. Xunlei Limited (NASDAQ: XNET)
5. WideOpenWest, Inc. (NYSE: WOW)
6. Edgio (NASDAQ: EGIO)
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