Shares of Akamai Technologies, Inc (AKAM) are lower today after a blogger reported that Netflix Inc. (NFLX) might be dropping Akamai Technologies service. However, Netflix appears to be just fine with Akamai's service.
Akamai Technologies, Inc (AKAM) was trading at $51.69 at last check which was down 4.77%. Netflix Inc. (NFLX) is trading at $170, up 0.58%.
Netflix Inc broke out earlier today but is coming back to life near the close. Akammai Technologies has been bouncing off $51 most of the day.
Showing posts with label akam. Show all posts
Showing posts with label akam. Show all posts
Tuesday, November 9, 2010
Thursday, August 26, 2010
Buy Akamai Technologies AKAM or Salesforce.com (CRM)??
Hi, I was wondering whether you would buy Salesforce.com (CRM) or Akamai Technologies Inc. (AKAM)?
Thanks for the message, these are two highly traded stocks as of late! Both Salesforce.com & Akamai Technologies Inc. recently hit a 52 week highs after reporting better than expected earnings.
If I had to chose one of these, I would go with Akamai Technologies Inc. (AKAM). Why do I chose Akamai? I view this company as a potential takeover candidate. Big technology companies are having trouble growing and are sitting on piles of cash. In order to grow, we are seeing huge acquisitions. Just look at 3Par Inc (PAR) and the bidding war between Hewlett-Packard Company (HPQ) & Dell Inc. (DELL).
Salesforce.com (CRM) reported a solid quarter but the stock is very expensive. If I see Salesforce.com fall below $90, I may get interested again.
Good Luck!
http://daytradingstockblog.blogspot.com
Thanks for the message, these are two highly traded stocks as of late! Both Salesforce.com & Akamai Technologies Inc. recently hit a 52 week highs after reporting better than expected earnings.
If I had to chose one of these, I would go with Akamai Technologies Inc. (AKAM). Why do I chose Akamai? I view this company as a potential takeover candidate. Big technology companies are having trouble growing and are sitting on piles of cash. In order to grow, we are seeing huge acquisitions. Just look at 3Par Inc (PAR) and the bidding war between Hewlett-Packard Company (HPQ) & Dell Inc. (DELL).
Salesforce.com (CRM) reported a solid quarter but the stock is very expensive. If I see Salesforce.com fall below $90, I may get interested again.
Good Luck!
http://daytradingstockblog.blogspot.com
Friday, August 20, 2010
New 52 Week Highs: Akamai Technologies Inc. (AKAM)
By Tim - http://blackberrystocks.com
Shares of Akamai Technologies Inc. (AKAM) hit a fresh 52 week high this morning at $46.92. Akamai Technologies Inc. has been on fire recently after reporting quarterly earnings earlier in the week.
There has been renewed speculation that a big technology out there is taking a hard look at Akamai. A guest on CNBC last night mentioned Google Inc (GOOG) but said that this was unlikely due to past acquisitions by Google Inc.
Looking at the historical chart, Akamai will face stiff resistance located at $50. While I would not go short up there, I'd think about taking 1/3 of my long position off the table.
Check out my 2010 stock picks, I will have a new 2011 list available very soon.
http://daytradingstockblog.blogspot.com
Shares of Akamai Technologies Inc. (AKAM) hit a fresh 52 week high this morning at $46.92. Akamai Technologies Inc. has been on fire recently after reporting quarterly earnings earlier in the week.
There has been renewed speculation that a big technology out there is taking a hard look at Akamai. A guest on CNBC last night mentioned Google Inc (GOOG) but said that this was unlikely due to past acquisitions by Google Inc.
Looking at the historical chart, Akamai will face stiff resistance located at $50. While I would not go short up there, I'd think about taking 1/3 of my long position off the table.
Check out my 2010 stock picks, I will have a new 2011 list available very soon.
http://daytradingstockblog.blogspot.com
Thursday, February 5, 2009
Biggest Stock Gainers 2/5/09 - February 5, 2009
Today, February 4, 2009, there are several stock gainers that are breaking out with some nice momentum. If you are looking to day trade today, you might want to check out the following stocks. Check out today's biggest gainers and the Top Stocks for 2009.
Hot Stocks 2/5/09 - Biggest Gainers Today
MF Global ( MF ) - $3.35 Up 17.54% - MF Global Q3 profit rises 25 percent
Art Technology Group ( ARTG ) - $2.13 Up 15.14% - ARTG beats on earnings: Reports Q4 (Dec) earnings of $0.06 per share, $0.04 better than the First Call consensus of $0.02; revenues rose 15.5% year/year to $45.4 mln vs the $40.8 mln consensus. Co says, "ATG's ability to achieve record financial results was driven by increased demand for best of breed e-commerce solutions and our dedication to profitable revenue growth. While the macroeconomic climate is uncertain, we believe that over the long term, customer demand for our products will remain strong." - Briefing.com
Blackboard ( BBBB ) - $27.79 Up 14.22% - Blackboard posts 4Q profit drop, but adjusted earnings meet expectations and outlook is solid
Akamai ( AKAM ) - $16.00 Up 12.91% - Akamai 4Q profit rises 13 pct to top analyst views. Akamai overcomes recession to boost 4Q profit by 13 percent, topping analyst estimates. AKAM upgraded by Citigroup.
Check out the biggest stock gainers today.
For the latest updates on the stock market, visit, http://daytradingstockblog.blogspot.com/ or Subscribe for Free
Hot Stocks 2/5/09 - Biggest Gainers Today
MF Global ( MF ) - $3.35 Up 17.54% - MF Global Q3 profit rises 25 percent
Art Technology Group ( ARTG ) - $2.13 Up 15.14% - ARTG beats on earnings: Reports Q4 (Dec) earnings of $0.06 per share, $0.04 better than the First Call consensus of $0.02; revenues rose 15.5% year/year to $45.4 mln vs the $40.8 mln consensus. Co says, "ATG's ability to achieve record financial results was driven by increased demand for best of breed e-commerce solutions and our dedication to profitable revenue growth. While the macroeconomic climate is uncertain, we believe that over the long term, customer demand for our products will remain strong." - Briefing.com
Blackboard ( BBBB ) - $27.79 Up 14.22% - Blackboard posts 4Q profit drop, but adjusted earnings meet expectations and outlook is solid
Akamai ( AKAM ) - $16.00 Up 12.91% - Akamai 4Q profit rises 13 pct to top analyst views. Akamai overcomes recession to boost 4Q profit by 13 percent, topping analyst estimates. AKAM upgraded by Citigroup.
Check out the biggest stock gainers today.
For the latest updates on the stock market, visit, http://daytradingstockblog.blogspot.com/ or Subscribe for Free
Wednesday, July 30, 2008
Earnings 7-30 4pm - Visa ( V ) First Solar ( FSLR ) Akamai ( AKAM )
After a great night last night from BWLD, Garmin came in with some very bad news this morning on their Nuvifone delay.
Tonight we have a number of companies due to report earnings
Visa (V) - Analysts are expecting Visa to earn .48 cents per share. This stock has really run up going into earnings but I expect a good report. How the stock reacts is a totally different story. Last quarter Visa was down big after the earnings release...opened the next day at $71....ran the whole day and closed near $78. They earned .52 cents last quarter.
First Solar (FSLR) - Analysts are expecting First Solar to earn .58 cents a share. FSLR is trading at a very high p/e ratio so any miss or guidance miss would be a huge disappointment and you would see FSLR really go down. If they come out and beat, and then raise...you could see First Solar really break out.
Akamai ( AKAM ) - I really like this company....Akamai basically powers the internet with their technology. Most of the Video that runs on the Internet is powered by Akamai.
That website shows you the traffic through Akamai system....it has basically doubled from a year ago. Earnings Guidance will be key tonight...so watch AKAM
Tonight we have a number of companies due to report earnings
Visa (V) - Analysts are expecting Visa to earn .48 cents per share. This stock has really run up going into earnings but I expect a good report. How the stock reacts is a totally different story. Last quarter Visa was down big after the earnings release...opened the next day at $71....ran the whole day and closed near $78. They earned .52 cents last quarter.
First Solar (FSLR) - Analysts are expecting First Solar to earn .58 cents a share. FSLR is trading at a very high p/e ratio so any miss or guidance miss would be a huge disappointment and you would see FSLR really go down. If they come out and beat, and then raise...you could see First Solar really break out.
Akamai ( AKAM ) - I really like this company....Akamai basically powers the internet with their technology. Most of the Video that runs on the Internet is powered by Akamai.
That website shows you the traffic through Akamai system....it has basically doubled from a year ago. Earnings Guidance will be key tonight...so watch AKAM
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