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Top Stock #1: Akamai Technologies Inc. (AKAM)
Internet applications and content provider Akamai Technologies Inc. (AKAM) broke
from an extended consolidation early in November at just under $24. The rise from its low of the year in August 2009 was characterized by a series
of textbook bullish flags, each break rising to new highs.Over and over, profit-taking brought prices back to support at the 20-day moving
average before buyers emerged to run the stock to new highs. This continues to be a very orderly, measured advance, which will most likely repeat
for some time.S&P has a “three-star hold” rating on S&P, but I am more optimistic. My technical target for a trade in AKAM is $32.
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