Mentioned this >6 months ago and their earnings report came out after hours today (up ~6%+).
…I still think AKAM is wildly undervalued, being cheaper than AWS, and with cloud computing market expected to reach $1.5T (trillion) by 2030. Looks like their pivot from edge CDN hosting to cloud computing via purchasing my favorite cloud computing platform (Linode) was a game changer.
Disclaimer: A happy AKAM shares owner, for a while now. Accumulating and going looooooong.
Leave a Reply