#6 - Limelight Networks (NASDAQ:LLNW)
Limelight Networks (NASDAQ: LLNW) - Any decision to buy Limelight Networks should be based on where you feel the future of streaming content is headed. Limelight creates Content Delivery Networks (CDNs) that help companies ensure efficient, customizable performance and content availability. According to industry analysts, CDNs will carry 71% of the total internet traffic by 2021. That's a significant increase from the 52% they carried in 2016. This is due, in large part, to the demand for streaming content without buffering. That's where the CDN comes in. However, the industry faces a threat to their clients such as Facebook and Netflix seek to create their own CDNs so they can control their internet speeds and bandwidths. However, that threat seems to be abating for the moment, which is good news for Limelight which has seen a 14% increase in revenue for the first half of 2018. The stock is trading right around $4.85 per share and recently broke above its 50-day SMA.
About Limelight Networks
Limelight Networks, Inc provides content delivery network and related services in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company operates private global networks with distributed computing resources and extensive connectivity to last-mile broadband network providers; offers live and on-demand video delivery services; and provides online video platforms that integrates and manages advanced video delivery.
Read More - Current Price
- $0.00
- Consensus Rating
- N/A
- Ratings Breakdown
- 0 Buy Ratings, 0 Hold Ratings, 0 Sell Ratings.
- Consensus Price Target
- N/A
