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Why I Own Rackspace

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

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

Rackspace Hosting (RAX +0.00%) 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 +0.56%).

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

Read Next

About the Author

Anders Bylund
Anders Bylund is a contributing Motley Fool media and technology analyst covering semiconductors, cloud computing, internet infrastructure, quantum computing, and streaming media. Previously, Anders was a systems administrator for Nielsen Technology and CSX, gaining hands-on experience with enterprise-class systems. He was also a freelance writer for Ars Technica, TIME, USA Today, CNN, WIRED, and AOL's Daily Finance. He holds a bachelor’s degree in English and a master’s degree in library and information sciences from Florida State University. He believes in coyotes and time as an abstract.
TMFZahrim
X@TMFZahrim

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. Try any of our Foolish newsletter services free for 30 days. 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.

Stocks Mentioned

Amazon Stock Quote
Amazon
NASDAQ: AMZN
$214.92
(+0.67%)+$1.43
Netflix Stock Quote
Netflix
NASDAQ: NFLX
$96.83
(-1.51%)-$1.49

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

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