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Akamai Technologies, Inc. (AKAM) [hlAlert]

up 196.34 %

Akamai Technologies, Inc. (AKAM) rated Buy with price target $42 by Argus

Posted on: Friday,  Aug 1, 2008  9:25 AM ET by Argus

Argus rated Buy Akamai Technologies, Inc. (NASDAQ: AKAM) on 08/01/2008, when the stock price was $23.79. Since
then, Akamai Technologies, Inc. has gained 196.34% as of 01/06/2016's recent price of $70.50.
If you would have followed this Argus's recommendation on AKAM, you would have gained 196.34% of your investment in 2714 days.

Akamai Technologies Inc. is the leading global service provider for accelerating content and business processes online. Thousands of organizations have formed trusted relationships with Akamai, improving their revenue and reducing costs by maximizing the performance of their online businesses. Leveraging the Akamai EdgePlatform, these organizations gain business advantage today, and have the foundation for the emerging Web solutions of tomorrow.

Argus Research is an independent research firm, and our business is producing, distributing and marketing high-quality investment and economic research. Our recommendations - BUY, HOLD and SELL - reflect the judgment of an analyst about a company's prospects as an investment in terms of value, expected growth and risks. Argus Research does not bring companies public, advise companies on mergers and acquisitions, broker trades, make markets in stocks or manage money. Our independence allows us to make critical judgments about companies that we might not be so free to make were we competing for a firm's underwriting business. Because we're not a broker/dealer, we don't have "inventory" of a stock that we have to move with a tainted recommendation. We have developed a six-point system for analyzing the stocks in our Universe of Coverage. We believe that this system
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/1/2008 9:25 AM Buy
23.79 42.00
as of 12/24/2008
1 Week down  -4.83 %
1 Month up  1.14 %
3 Months up  45.37 %
1 YTD up  29.09 %

(*) Stock Price at the time of the recommendation.
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