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Akamai Technologies Inc.AKAMSELLMar 09, 2023Stock price when the opinion was issued
As of Jun 18, 2026. Market Open.
It is in the right place at the right time with the growth of the cloud and the expansion of the internet. It provides cloud services for securing and delivering computer content and has a module for for cybersecurity in the cloud. He has just trimmed another holding and used some of the proceeds to add Akamai.
(Analysts’ price target is $93.50)
Chart's showing lower highs and lows, not what you want to see. Higher rates are going to put pressure on a lot of growth areas of the market. Pure growth plays, especially those with no dividend, are going to suffer. Sell,and move on, perhaps into an industrial play like DE.