Under the Microscope: Akamai Technologies (AKAM)

Hey folks,

I got a hot stock for ya. Check out Akamai Technologies (AKAM). AKAM managed to finish at 34.52 (up 1.27 or 3.82%) this past Friday while the rest of the general market struggled like a fish out of the water. In addition, AKAM has managed to climb above its 50 day MA. RS is up as is institutional buying. The stock is also relatively inexpensive, with a P/E of 16. Earnings growth is also a positive factor for AKAM. It plans on reporting earnings on July 26. Most likely, it will beat earnings (judging its past earnings growth). Still, there is plenty of time to make some money from now till July 26.

Akamai Technologies (AKAM - NASDAQ)
3 month chart



















AKAM 1 year chart




















AKAM Earnings Growth Graphs