Akamai Technologies Inc. (AKAM): Today's Featured Internet Winner

Akamai Technologies (AKAM) pushed the Internet industry higher today making it today's featured internet winner. The industry as a whole closed the day up 0.8%. By the end of trading, Akamai Technologies rose 31 cents (1%) to $30.39 on light volume. Throughout the day, 1.4 million shares of Akamai Technologies exchanged hands as compared to its average daily volume of 3.6 million shares. The stock ranged in a price between $30.06-$30.62 after having opened the day at $30.19 as compared to the previous trading day's close of $30.08. Other companies within the Internet industry that increased today were: LiveDeal (LIVE), up 16.8%, Remark Media (MARK), up 9.7%, Synacor (SYNC), up 6.4%, and NetEase (NTES), up 5.7%.

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Akamai Technologies, Inc. provides content delivery and cloud infrastructure services for accelerating and improving applications over the Internet in the United States and internationally. Akamai Technologies has a market cap of $5.52 billion and is part of the technology sector. The company has a P/E ratio of 29.3, equal to the average internet industry P/E ratio and above the S&P 500 P/E ratio of 17.7. Shares are down 6.8% year to date as of the close of trading on Monday. Currently there are 11 analysts that rate Akamai Technologies a buy, no analysts rate it a sell, and nine rate it a hold.

TheStreet Ratings rates Akamai Technologies as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, reasonable valuation levels, good cash flow from operations and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

• You can view the full Akamai Ratings Report.

On the negative front, Friendfinder Networks (FFN), down 7.5%, ValueClick (VCLK), down 7.2%, Zynga Inc Class A (ZNGA), down 5%, and Lionbridge Technologies (LIOX), down 4.1%, were all losers within the internet industry with Yahoo (YHOO) being today's internet industry loser.

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For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the internet industry could consider First Trust Dow Jones Internet Idx (FDN) while those bearish on the internet industry could consider ProShares Ultra Short Technology (REW).

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For more information on Akamai Technologies Inc. click any of the following:

• Akamai Technologies Inc. Stock Price

• Akamai Technologies Inc. Analyst Ratings

• Akamai Technologies Inc. Key Stats & Profile

• Akamai Technologies Inc. Earnings

• Akamai Technologies Inc. Ratio Comparison

• Akamai Technologies Inc. Growth Rates

• Akamai Technologies Inc. Balance Sheet

• Akamai Technologies Inc. Cash Flow

• Akamai Technologies Inc. Income Statement