$38.43
0.37 (+0.97%)
Akamai Technologies, Inc. (NASDAQ:AKAM)
CAPS Rating:
The Company provides services for accelerating and improving the delivery of content and applications over the Internet from live and on-demand streaming videos to conventional content on web pages to tools that help people transact business.
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The price is depressed, but the business is still solid. One weak quarter is no reason for a business to drop 20% in a couple minutes.
Akamai has a pretty deep moat in that companies are often unwilling to go with a smaller, less-reliable CDN. Akamai is more or less the industry standard. I see growth prospects, I see a moat, I see a depressed price.