Why I Own Rackspace

By Anders Bylund – May 28, 2013 at 9:00PM

NYSE: RAX

Rackspace Hosting, Inc.

This stock has plunged 48% year-to-date. Let the skeptics panic, because this Fool sees a buying opportunity.

Rackspace Hosting (RAX) has seen share prices plummet 48% in just five months. Many investors glanced at the roller-coaster chart and decided to cash out, but Fool contributor Anders Bylund ran in the opposite direction.

In this video, Anders explains how this price drop unlocked an irresistible buying window for him, and what sets Rackspace apart from commodity rivals such as Amazon.com (AMZN -1.14%).

Editor's note: The volume level in this video is variable. We apologize for the inconvenience.

Fool contributor Anders Bylund owns shares of Netflix and Rackspace Hosting. The Motley Fool recommends Amazon.com, Netflix, and Rackspace Hosting. The Motley Fool owns shares of Amazon.com and Netflix. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.