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

Akamai Technologies (AKAM) pushed the Technology sector higher today making it today's featured technology winner. The sector as a whole closed the day up 0.8%. By the end of trading, Akamai Technologies rose $1.36 (3.8%) to $36.80 on heavy volume. Throughout the day, 5.1 million shares of Akamai Technologies exchanged hands as compared to its average daily volume of 3.3 million shares. The stock ranged in a price between $35.50-$37.38 after having opened the day at $35.50 as compared to the previous trading day's close of $35.44. Other companies within the Technology sector that increased today were: Kingtone Wirelessinfo Solution (KONE), up 30.9%, Wave Systems Corporation (WAVX), up 29.3%, Alpha & Omega Semiconductor (AOSL), up 18.7%, and Dynasil Corporation of America (DYSL), up 18.3%.

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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 $6.49 billion and is part of the internet industry. The company has a P/E ratio of 34.7, below the average internet industry P/E ratio of 34.8 and above the S&P 500 P/E ratio of 17.7. Shares are up 11.4% year to date as of the close of trading on Tuesday. 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 robust 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.

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

• Akamai Technologies Inc. Stock Price

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• 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