The Strategy That Could Make Akamai a Multibagger Again

Don't let it get away!

Keep track of the stocks that matter to you.

Help yourself with the Fool's FREE and easy new watchlist service today.

So much for Internet stocks. The same week Riverbed Technology crashed on uninspired guidance, one of its biggest-name partners, Akamai Technologies (NASDAQ: AKAM  ) , suffered a steep decline of its own. The stock fell 16% after coming short of Wall Street's Q4 revenue target. Management's first-quarter guidance was also $12 million short of targets at the midpoint.

So much for the turnaround that looked to be under way last quarter.

Yet Akamai co-founder and new CEO Tom Leighton waxed enthusiastic during an interview the day of the news. Specifically, he talked with Tim Beyers of Motley Fool Rule Breakers and Motley Fool Supernova about his vision for an Akamai whose technology is so deeply embedded with the Internet that it helps optimize nearly every digital action we take.

Tim, himself a one-time Akamai shareholder, says he finds the pitch compelling. Where do you stand? Do you still believe in this company? Click the following video to hear all of Tim's impressions from his interview with Leighton, and then be sure to leave a comment and let us know what you think.

The mobile Internet is changing everything, especially for content distributors such as Akamai. Yet with so many different companies claiming to participate in the "mobile revolution," it can be daunting to know how to profit from the uprising. Fortunately, The Motley Fool has just released a free report on mobile named "The Next Trillion-Dollar Revolution" that tells you how. Inside the report, we not only describe why this seismic shift will dwarf any other technology revolution seen before it but we also name the company at the forefront of the trend. Hundreds of thousands have requested access to previous reports, and you can access this new report today by clicking here -- it's free.

Read/Post Comments (3) | Recommend This Article (3)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Add your comment.

Compare Brokers

Fool Disclosure

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2251718, ~/Articles/ArticleHandler.aspx, 9/28/2016 1:34:24 PM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Today's Market

updated Moments ago Sponsored by:
DOW 18,207.93 -20.37 -0.11%
S&P 500 2,157.02 -2.91 -0.13%
NASD 5,292.75 -12.97 -0.24%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

9/28/2016 1:09 PM
AKAM $51.94 Down -0.71 -1.35%
Akamai Technologie… CAPS Rating: ****