Akamai Technologies: Stronger Performing Segments May Be Overlooked By The Market

Core View - The analyst initially recommended a buy rating for Akamai Technologies (NASDAQ: AKAM) earlier this year, expecting growth to accelerate back to high single-digits [1] - The timing of the recommendation appears to have been incorrect as the expected growth acceleration did not materialize [1] Investment Criteria - An ideal investment is considered to be one that operates in a sector projected to experience structural (organic) growth exceeding GDP growth over the next 5-10 years [1] - The investment should profit from sustainable competitive advantages that translate into attractive unit economics [1] - The company should be managed by competent, ethical, and long-term thinkers [1] - The investment should have a fair valuation [1] Disclosure - The analyst has no stock, option, or similar derivative position in any of the companies mentioned and no plans to initiate any such positions within the next 72 hours [1] - The article expresses the analyst's own opinions and is not receiving compensation for it (other than from Seeking Alpha) [1] - The analyst has no business relationship with any company whose stock is mentioned in the article [1]