Akamai Technologies (AKAM) Deserves a Look for a Buy if You Need an Aspirational Stock

83F993F5BA4E4A3CABBB53173616A456Akamai Technologies (AKAM) has dropped to below the fair value range floor earning a Buy Watch classification. After reaching the lofty heights of the high 70’s in May of last year the company has suffered a fall that preceded the January deep freeze. Once the stock turns to the upside it could reach a fair value of $54.70 and hopefully continue on into overvalued range above $43.76. Care must be taken as this is an Aspirational stock.

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By | 2016-02-10T07:16:18+00:00 February 10th, 2016|Categories: Money Basics|0 Comments

About the Author:

Steven Albrecht was the President and CEO of Charter Trust Company from 2001-2016

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