I am currently going through my Watch List to ensure that each company still deserves to be on the list. Because of the number of companies on my list, I am going to try to knock out 2 per weekday.
|Company name||Akamai Technologies, Inc.|
|Live stock price||[stckqut]AKAM[/stckqut]|
|P/E compared to competitors||Fair|
|Confident Investor Rating||Good|
|Target stock price (TWCA growth scenario)||$90.46|
|Target stock price (averages with growth)||$131.31|
|Target stock price (averages with no growth)||$110.11|
|Target stock price (manual assumptions)||$76.06|
The following company description is from Google Finance: http://www.google.com/finance?q=akam
Akamai Technologies, Inc. (Akamai) provides content delivery and cloud infrastructure services for the delivery of content and applications over the Internet. The Company’s solutions range from delivery of conventional content on Websites, to tools that support the delivery and operation of cloud-based applications, to live and on-demand streaming video capabilities all designed to help its customers interact with people accessing the Internet from myriad devices and locations around the world. The Company offers five solutions designed to meet the online business needs of its customers: Terra, Aqua, Sola, Kona and Aura. In February 2014, Akamai Technologies Inc completed the acquisition of Prolexic Technologies Inc.
Confident Investor comments: At this price and at this time, I think that a Confident Investor can confidently invest in Akamai Technologies, Inc.
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