Jim Cramer - Mad Money Akamai Technologies Inc. AKAM-Q COMMENT Nov 04, 2020

Chart's showing lower highs and lows, not what you want to see. Higher rates are going to put pressure on a lot of growth areas of the market. Pure growth plays, especially those with no dividend, are going to suffer. Sell,and move on, perhaps into an industrial play like DE.

It is in the right place at the right time with the growth of the cloud and the expansion of the internet. It provides cloud services for securing and delivering computer content and has a module for for cybersecurity in the cloud. He has just trimmed another holding and used some of the proceeds to add Akamai.

He targets $109. At $107-109, take profits. The runway is short. They recently bought Lumens, which builds their market.

A leader especially in edge computing. Gecko brings AI right to the edge. Active on acquisitions. February reporting was shy on revenues, but kept to guidance. Price target of $128.25, still decent runway. Can buy it here, more at $100, and $95 would be a great place to pick it up.

They reported last Thursday fine results, but guidance was awful. Three analysts then downgraded it. Growth and margins are sinking,