This post appeared earlier Thursday on RealMoney . Click here for a free trial, and enjoy incisive commentary all day, every day.Akamai Technology (AKAM - Get Report) is a true child of the dot-com era. The Internet facilitator came public in November 1999 near $190, just four months before the tech bubble broke, triggering a historic bear market decline. This classic cult favorite still had time to double in price before that liquidity-fueled market fell off a cliff, hitting $345 on the first trading day of 2000.
Cult Stocks: Akamai Is a Survivor
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
Every recommendation goes through 3 layers of intense scrutinyquantitative, fundamental and technical analysisto maximize profit potential and minimize risk.
More than 30 investing pros with skin in the game give you actionable insight and investment ideas.