Topic: How To Invest

I’ve been looking at a U.S. stock called Akamai. What is your view on this company? Thanks.

Article Excerpt

Akamai Technologies Inc., $48.65, symbol AKAM on Nasdaq (Shares outstanding: 181.6 million; Market cap: $8.8 billion), helps companies improve the performance of their web sites. (Akamai is a Hawaiian word meaning “smart”.) The company’s customers include Amazon.com, Adobe Systems, Apple, Microsoft and Yahoo. Akamai mirrors a customer’s web site onto its own network of servers, which are located in over 70 countries. That speeds up download times and cuts the risk of Internet outages or slowdowns, because users can access the closest server, or the one with the fastest connection. Demand for Akamai’s services continues to rise, particularly as more people use the Internet to view videos. The company gets 28% of its revenue from customers outside of the U.S. In the three months ended June 30, 2010, Akamai’s revenue rose 19.9%, to $245.3 million from $204.6 million a year earlier. Earnings rose 5.6%, to $38.1 million, or $0.20 a share. The company earned $36.0 million, or $0.19 a share,…