For much of the year, Rackspace Hosting (RAX) has been one of 2012's big winners . Not this week. On Tuesday, the company reported revenue and earnings that met Street estimates, yet the stock is down nearly 7% over the past two days alone. Have investors forgotten how big a transformation the company is undergoing? A broad-based move to an open source infrastructure based on OpenStack could take profits to new heights in the years ahead. Find out more in the video below.
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Why You Should Love Rackspace's Results
NYSE: RAX
Rackspace Hosting, Inc.

Strong growth isn’t easy to come by during a transition
Fool contributor Tim Beyers is a member of the Motley Fool Rule Breakers stock-picking team and the Motley Fool Supernova Odyssey I mission. He owned shares of Rackspace Hosting at the time of publication. He also had a long-term call options position in Netflix. Check out Tim's web home, portfolio holdings and Foolish writings, or connect with him on Google+, Tumblr, or Twitter, where he goes by @milehighfool. You can also get his insights delivered directly to your RSS reader.
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