Do you believe in the growth potential of CloudFlare (net)?

Investment management company Fidelity Investments recently released its first quarter 2025 investor letter, “Fidelity Growth Strategies Fund.” A copy of a letter can do so I downloaded it from here. The Fidelity Growth Strategies Fund is a diverse domestic equity strategy focused on mid-term growth investments. The fund focuses on investing in high-quality companies that demonstrate consistent growth and generate positive free cash flow. The fund’s retail class stock returned -8.03% in the first quarter, below the benchmark Russell MidCap Growth Index’s -7.12% return. US midterm growth stocks rose in January, but fell in February and March as post-election optimism was replaced by concerns over management actions, government disruption and growing uncertainty around trade and tariffs. Plus, check out our top 5 holdings funds to find out the best picks of 2025.

In its first quarter, 2025 investor letter, Fidelity Growth Strategies Fund was published by CloudFlare, Inc. (NYSE:net). CloudFlare, Inc. (NYSE: NET) is a cloud service provider that provides a wide range of services to businesses around the world. CloudFlare, Inc. (NYSE:NET)’s one-month return was 8.61%, and its shares have won 119.61% of its value over the past 52 weeks. July 2, 2025, CloudFlare, Inc. (NYSE:NET) shares closed at $185.64 per share, with a market capitalization of $64.345 billion.

The Fidelity Growth Strategies Fund is a first quarter investor letter for the first 2025, CloudFlare, Inc. Regarding (NYSE: NET), the following has been stated:

“Positioning too early CloudFlare, Inc. (NYSE: NET) (-18%), providers of cloud-based services to websites including performance, reliability and security services will also be damaged. The stock was added to the portfolio in January, which increased in January, but after peaking in mid-February, the stock was cut following President Trump’s announcement of a sharp new tariff on foreign-made semiconductors. If adopted in the end, tariffs can increase the cost of CloudFlare. Questions about the company’s responsibility for content passing through infrastructure tools also focused on stock prices during the quarter. Despite the pullback of ratings, we believe the company still has good growth potential. ”

CloudFlare, Inc. (NYSE:NET) is not on our list 30 Most Popular Stocks of Hedge Funds. According to the database, the 65 hedge fund portfolio was CloudFlare, Inc. at the end of the first quarter of the previous quarter. (NYSE: NET) was held. CloudFlare, Inc. (NYSE: NET) Revenue In the first quarter, it increased 27% year-on-year to $479.1 million. CloudFlare, Inc. Although we acknowledge the potential as an investment (NYSE:NET), our conviction lies in the belief that AI stocks offer higher returns and hold a greater promise to do so within a shorter time frame. If you’re looking for AI stocks that are as promising as Nvidia, but traded at less than five times the revenues, Undervalued AI Stocks for Large Profits.