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3 Top Web Stocks

Editor's note: As part of our partnership with PBS's Nightly Business Report, TheStreet's James Rogers joined NBR to discuss under-the-radar Internet infrastructure stocks. (Watch video and read transcript)

NEW YORK ( TheStreet) -- Blue chip tech stocks like Google (GOOG) and Amazon (AMZN) may be the biggest names on the Internet, but investors looking to harness some upside in the next stage of the Web revolution should watch Akamai (AKAM - Get Report), Rackspace (RAX - Get Report) and Digital River (DRIV), say analysts.

The powers of these lesser-known Web stocks lie in areas like content delivery, managed hosting and online transaction processing -- key web technologies that help ease and eliminate data bottlenecks created by the massive demand for content that mobile device-wielding customers expect from the Internet.

"It doesn't seem like people are slowing down their use of the Internet," said Tim Klasell, an analyst at Stifel Nicolaus. "We're continuing to put up more Web sites and do more transactions over the Internet."

These three stocks offer a different form of specialized Web service and present a cheaper entry point into Internet stocks than do Google and Amazon, which are priced, respectively, at $616.50 and $169 a share.

The three companies have all also hit 52-week highs in the past month. Read on for more about why analysts say Akamai, Rackspace and Digital River have topped their lists.
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