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

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

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 $1.10 (2.7%) to $41.81 on average volume. Throughout the day, 2.8 million shares of Akamai Technologies exchanged hands as compared to its average daily volume of 2.5 million shares. The stock ranged in a price between $40.89-$42 after having opened the day at $40.92 as compared to the previous trading day's close of $40.71. Other companies within the Internet industry that increased today were: Selectica (SLTC), up 8.1%, Tucows (TCX), up 5.3%, CafePress (PRSS), up 4.9%, and TheStreet (TST), up 4.3%.

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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 $7.17 billion and is part of the technology sector. The company has a P/E ratio of 37.4, above the S&P 500 P/E ratio of 17.7. Shares are down 1.2% year to date as of the close of trading on Thursday. Currently there are 13 analysts that rate Akamai Technologies a buy, no analysts rate it a sell, and seven 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 solid stock price performance, growth in earnings per share, increase in net income, robust revenue growth and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity.

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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. Ratio Comparison

• Akamai Technologies Inc. Growth Rates

• Akamai Technologies Inc. Balance Sheet

• Akamai Technologies Inc. Cash Flow

• Akamai Technologies Inc. Income Statement