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Akamai: "Taming the internet monster"

A long term investor, and not one to be deterred by short, sharp swings in the market, Dan Sullivan has developed one of the advisory industry's most successful track records over some three and a half decades, based on relative strength.

In his newsletters, The Chartist, he says, "Technically it is extremely difficult not to be bullish." He explains, "The advance decline line is at bull market highs along with advance decline volume. Over the past 50 years the advanced decline line has always topped out ahead of the major indexes."

Meanwhile, his latest relative strength Spotlight Stock is Akamai Technologies Inc. (NASDAQ:AKAM). The advisor says, "The Internet created a monster and Akamai helps to tame that monster. It was started as a challenge in early 1995 by MIT Professors, Tim Berners-Lee and Tom Leighton, to invent a fundamentally new and better way to deliver Internet content.

Continue reading Akamai: "Taming the internet monster"

Symbol Lookup
IndexesChangePrice
DJIA-74.9212,454.83
NASDAQ-1.852,837.53
S&P 500-2.861,317.82

Last updated: May 29, 2012: 02:37 AM

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