Our research shows that stocks with Zacks Rank #1 (Strong Buy) and 2 (Buy) significantly outperform the S&P 500.Īkamai Technologies shares have added 5.6% over the past four weeks, suggesting that investors are betting on its impressive estimate revisions. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. The Zacks Rank is a tried-and-tested rating tool that helps investors effectively harness the power of earnings estimate revisions and make the right investment decision.
Thanks to promising estimate revisions, Akamai Technologies currently carries a Zacks Rank #1 (Strong Buy). Over the past month, seven estimates have moved higher compared to no negative revisions, helping the consensus estimate increase 5.04%. In terms of estimate revisions, the trend for the current year also appears quite encouraging for Akamai Technologies. For the full year, the company is expected to earn $5.73 per share, representing a year-over-year change of +6.7%.
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