The Panic-Proof Portfolio (Stockchase Research)
Limelight Networks, Inc.
LLNW-Q
PAST TOP PICK
Apr 05, 2022
(A Top Pick Feb 16/21, Up 38.1%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with LLNW is progressing well. We now recommend trailing up the stop (from $3.75) to $4.25.
Stockchase Research Editor: Michael O'Reilly LLNW provides "edge" cloud services that allows internet content providers to operate smoothly and quickly -- much like a highway express lane. Bandwidth demand is skyrocketing due to the pandemic. The company's stock price has recently been hit hard, when it missed projections on EPS and revenue despite record traffic volumes in Q4. Enter the new CEO, who is creating strategies to improve cost efficiency, grow the customer base, and expand service offerings. We would buy this with a stop-loss at $2.25, looking for upside to $6.25 -- over 65% upside. Yield 0%. (Analysts’ price target is $6.25)
(A Top Pick Feb 16/21, Down 8.2%)Stockchase Research Editor: Michael O'Reilly To ensure our PAST TOP PICK with LLNW sees an opportunity for return on capital, we recommend trailing up the stop (from $2.25) to $2.85.
(A Top Pick Feb 16/21, Down 1.7%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with LLNW is progressing well. We now recommend trailing up the stop (from $2.85) to $3.50.
(A Top Pick Feb 16/21, Up 15.2%)Stockchase Research Editor: Michael O’Reilly Our PAST TOP PICK with LLNW is progressing well. We now recommend trailing up the stop (from $3.50) to $3.75.
(A Top Pick Feb 16/21, Down 0.1%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with LLNW has triggered its stop at $4.25, gapping down to $3.80. To remain disciplined, we recommend covering the position at this time.
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