the only reason he bought is the following...
Let’s add to the positive tone already evident in this article. Akamai has solid margins, strong cash flow, a superb balance sheet, consistent growth, and a Forward P/E of 15.40. In addition to that, the company announced a $150 million extension of its share repurchase plan, which will begin on February 13, 2013. As if that’s not enough, Akamai unveiled new products and made strategic acquisitions last year.
On a fundamental level, you’re not going to find many stronger companies. Akamai is a long-term OUTPERFORM.
Sentiment: Strong Buy