AKAM Long Term Buy
AKAM is one of the few companies in its sector that is consistently profitable. It is trading 25% below its ATH and at a modest 29 P/E compared to its 5y Avg of 34 P/E. While its P/B is currently at 4 compared to its 5y Avg of 3.6, it is still at a discount for a solid company. Its earnings are expected to grow by 10% over the next year and considering it is trading below its average fair price, we can see at least a 15-25% growth.
Target Accumulation Range: $92.25-$94.5
Target Accumulation Range: $92.25-$94.5
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