[RiskHedge Report] The stock to buy after Facebookâs shutdown [Chris Reilly] By Chris Reilly - RiskHedge   The chaos started at 11:40 am ET⦠Last Monday, social media giant Facebook went âdark.â As did its suite of apps including Instagram, WhatsApp, and Messenger. It was a massive global outage that impacted more than 3.5 billion users. Maybe you were one of them. But even if you werenât, you can probably understand why this is a big deal. Facebook is the third most visited website in the world behind Google and Yahoo. Millions of businesses, and even some countries, rely on Facebook. For many folks, Facebook is the internet. So⦠what happened? While many people assumed it was a hack for the ages⦠Facebook came out and said the problem was on their endâa âfaulty configuration change.â Iâll save you the long-winded technical explanation. - But hereâs what matters to you as an investor⦠In the middle of all the chaos, all eyes were on RiskHedgeâs favorite âinternet watchdog.â It was one of the first companies to let everyone know exactly what was going on⦠Ever see this message pop up on your computer screen before a website loads? Source: Cloudflare In short, while you might not realize it, the company behind this message protects you from threats like spam and hackers⦠and keeps your websites running fast and safe. Iâm talking about Cloudflare (NET). Cloudflare mainly works âbehind the scenes.â But itâs no stretch to say itâs one of the most important companies on earth. Nearly 10% of all global internet requests go through Cloudflareâs network. When Facebook went offline, people were searching for answers. Facebook itself wouldnât clearly explain the situation until hours later. Cloudflare, on the other hand, rushed out a detailed explanation of exactly what was going on. Source: cloudflare.com Cloudflare wrote, âIt was as if someone had âpulled the cablesâ from [Facebookâs] data centers all at once and disconnected them from the Internet.â The company was ready to step in to help if need be. CEO Matthew Prince tweeted: Source: Twitter Although this Facebook outage wasnât the result of a cyberattack, Cloudflare would have been well equipped to help with that too. Back in July, the company stopped the largest âdenial of serviceâ attack ever reported. In a denial of service attack, hackers flood a network with traffic to try to shut it down. According to Cloudflare, its system âdetected and mitigated a 17.2 million request-per-second denial of service attack.â That was three times larger than any previous one it had recorded. [As Chief Trader Justin Spittler showed us last month](, cybercrime is projected to cost the global economy $6 trillion in 2021. That sum of money is bigger than any countryâs economy except for the US and China! - As longtime RiskHedge readers know, Justinâs been âpounding the tableâ on cybersecurity stocks for almost two years now⦠In fact, Cloudflare is one of the very first stocks he recommended in his premium IPO Insider advisory back in November 2019. Justin didnât just recommend Cloudflare. He urged his subscribers to buy it, saying: "Cloudflare is rapidly establishing itself as a cornerstone of the modern internet. I have no doubt it will be among the worldâs elite cloud computing companies within a few years." Needless to say, a lot has happened since November 2019. We got a pandemic⦠a new president⦠and saw the market crash 30% at the onset of COVID-19. One of the few constants has been Cloudflareâs steady march higher. Its stock is now up 628% since Justin recommended it: Justin still rates Cloudflare as one of his top buys. According to him, âCloudflare should no longer be viewed as simply an edge computing or internet infrastructure company. It has the makings of becoming one of Americaâs greatest tech companies.â Cloudflare is a company you want a piece of as cybercrime gets more serious. Chris Reilly
Executive Editor, RiskHedge P.S. If youâre hesitant to buy Cloudflare because itâs already soared 7X⦠you should know that Justin and Chief Analyst Stephen McBride recently recommended another cyberstock. Like Cloudflare, its upside potential is enormous. This company is a pioneer in âendpoint security.â Its network defends laptops, phones, tablets, and other smart devices from cyberattacks. In fact, itâs believed to have invented the Cloud Security category. And just like Cloudflare, this stock isnât a household name⦠but it probably should be. You can access this stock in Justin and Stephenâs research report: [âHypergrowth Americaâs Top 5 Stocks to Own Now.â]( If youâd like to learn how to claim your copy, [go here for more details](. This email was sent to you as part of your subscription to RiskHedge Report.
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