Akamai - Cybersecurity Specialist Benefits from Rising Enterprise Spending on Security Solutions and Cloud Infrastructure Solutions!

Business Driver: Akamai (AKAM) specializes in cloud services in the field of cybersecurity and is likely to benefit from increasing expenditures by many enterprise customers looking to secure themselves against threats from hacking and malware. Through the Akamai Connected Cloud, the company offers its clients integrated one-stop-shop solutions that combine cloud computing, edge computing, and comprehensive security solutions on a centralized platform. In the last Q3, they impressed with an EPS of $1.86 (+16.98%), which was above consensus expectations...