Akamai Technologies, Inc. ($AKAM) Target: $59 Confident Investor Rating: Good

Several times a year, a Confident Investor must reevaluate the companies in the portfolio. Keeping your money in a stock that no longer qualifies as a “Good” company can end up hurting your investment performance a great deal.  Also, there are a lot of Good Companies so losing the worst of the best is not going to impact the ability to have a balanced portfolio.  Over the coming days, this site will evaluate each stock on the Watch List.

Company name Akamai Technologies, Inc.
Stock ticker AKAM
Live stock price [stckqut]AKAM[/stckqut]
P/E compared to competitors Good
Employee productivity Good
Sales growth Good
EPS growth Good
P/E growth Good
EBIT growth Fair
Confident Investor Rating Good
Target stock price (TWCA growth scenario) $64.03
Target stock price (averages with growth) $81.63
Target stock price (averages with no growth) $56.52
Target stock price (manual assumptions) $52.82

The following company description is from Google Finance: http://www.google.com/finance?q=akam
Akamai Technologies, Inc. (Akamai) provides services for accelerating and improving the delivery of content and applications over the Internet, ranging from live and on-demand streaming video capabilities to conventional content on Websites, to tools that help people transact business and reach out to new and existing customers. The Company?s solutions are designed to help companies, government agencies and other enterprises. It offers application performance services, services and solutions for digital media and software distribution and storage, content and application delivery, online advertising-related services and other specialized Internet-based offerings. During the year ended December 31, 2009, the Company launched the Akamai HD Network, a new high definition (HD), streaming delivery platform that is designed to enable its customers to offer live and on-demand HD video online to viewers. In June 2010, it acquired Velocitude, a mobile services platform.

Confident Investor comments: At this price and at this time, I think that a Confident Investor can confidently invest in this stock.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.