It Is Not The End Of The World For Akamai's Growth

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About: Akamai Technologies, Inc. (AKAM)
by: Innovative Investor
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Innovative Investor
Long only, value, Deep Value, Growth
Summary

Akamai Technologies stock has moved up by more than 40% this year.

In CDN industry the company is a clear market leader, companies like Amazon and Cloudflare have come up. In web security CrowdStrike and Imperva are seeing impressive growth.

In the coming years, we expect that the introduction of 5G will lead to more web traffic and the demand for security and CDN services.

Akamai Technologies (AKAM) stock has moved up by more than 40% this year. It has outperformed the overall US stock market as measured by the main averages like Dow, S&P, and Nasdaq. The