Top 3 Most Promising Edge Computing Stocks to Buy in May 2023

As the broader tech space heals its wounds from a massive cull last year, savvy investors wouldn’t want to overlook the massive potential of the best edge computing stocks to buy.

This burgeoning industry revolves around the concept of edge computing, where networks and devices are close to end users. The ultimate goal is to strengthen processing power closer to the source of demand, unlocking unprecedented efficiencies.

Basically, edge computing actions focus on improving productivity by enabling companies to significantly reduce costs.

This dynamic industry spans many industries, including public cloud vendors, hardware manufacturers, and content delivery networks.

As growth stocks in edge computing continue to gain traction, research firm MarketsandMarkets predicts rapid global expansion, with a CAGR of 17.8% between 2022 and 2027.

This article will look at some top-notch edge computing stock picks that are likely to soar as this transformative technology reaches new heights.

NVDA extensionNvidia$283.47
A NETWORKArista Networks$137.39

Nvidia (NVDA extension)

Nvidia (NVDA) logo and signature on headquarters.  Blurred foreground with green trees

Source: Michael Vi/

Nvidia (NASDAQ:NVDA extension) has actually carved out a niche for itself in the edge computing sphere, fueled by its pioneering GPUs that effectively cater to gaming and data processing.

With edge computing requiring fast processing and real-time analytics, its offerings are a perfect match, positioning itself as the dominant player in this burgeoning market.

Powered by artificial intelligence and deep learning capabilities, NVIDIA software development kits enable businesses to effectively harness the impeccable potential of cutting-edge technology.

Its innovative NVIDIA Edge Stack is essentially a complete suite of software components used by tech behemoths like Cisco (NASDAQ:CSCO extension), Accenture (NYSE:AC extension), AND Fujitsu. This partnership with top technology companies underscores NVIDIA’s ability to deliver efficient edge computing solutions.

NVIDIA’s unique capabilities and collaborations solidify its position as a leader in the edge computing landscape.

Arista Networks (A NETWORK)

Image of the Arista Networks (ANET) logo on the side of a building

Source: Miscellaneous Photography /

Arista Networks (NYSE:A NETWORK) is a leading manufacturer of software-based cloud computing equipment, operating a rapidly growing business over the years.

To put things into perspective, our five-year average revenue, EBITDA and free cash flow growth were 21.3%, 28.6% and 49%, respectively.

Its usefulness in the cloud computing sphere is tied to its recent shift towards “cloud campus” solutions, which involve building smaller on-premises data centers for corporate customers. With its state-of-the-art AI-powered security platform, Arista’s focus on cybersecurity provides the necessary components to implement robust security strategies. This proactive approach to security safeguards sensitive data and enables enterprises to adopt edge computing with confidence.

Thus, the company’s innovative cloud campus approach and ongoing commitment to cybersecurity make it a leading player in edge computing.

Quickly (FSLY)

A magnifying glass magnifies the Fastly (FSLY) site.

Source: Pavel Kapysh/

Quickly (NYSE:FSLY) has emerged as an innovative powerhouse in the edge computing realm with its powerful edge cloud platform. Its versatile cloud edge platform effectively excels at content delivery, web and mobile application optimization, and real-time data processing. In addition, Fastly’s server network ensures lightning-fast data processing and competent handling of large volumes of data, an integral part of contemporary applications such as artificial intelligence, machine learning and other technology verticals.

Finally, Fastly’s modern, high-performance Edge Cloud platform includes a trifecta of network services, including security, compute, and observability. This service is currently one of the most comprehensive solutions covering edge computing, offering unparalleled security and efficiency. In response to the ever-increasing demand for edge computing services, Fastly is able to reap the benefits of the edge computing trend, making it an attractive prospect for the long run.

As of the date of publication, Muslim Farooque did not hold (either directly or indirectly) any positions in the securities mentioned in this article. Opinions expressed in this article are those of the writer, subject to posting guidelines

Muslim Farooque is an avid investor and an optimist at heart. A lifelong gamer and tech enthusiast, he has a particular affinity for analyzing tech stocks. Muslim holds a BA in Applied Accounting from Oxford Brookes University.

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