5/9/24 - $akam - careful. i'd avoid this one for now...

5/9/24 - vrockstar - burning a post to simply ask if 15x EPS for 10% growth is "good" in this tape for you to punt? the issue here is 5% fcf yield with 10% growth is better had in a number of better mgn B2B names, and all of these have gotten hacked hard this Q. also consider AKAM's performance since last Q - the reset simply puts us to the place we were heading into the 3Q print. i'd argue any beat here is a. not going to smash b. or guidance can't rerate a stock (mind the debt too- it's a toxic factor in this tape). and finally, if there is a miss- you will struggle to figure out where the dead money zone becomes worth buying. two gaps below us are quite possibly addressable (at least the one near low 90s is low hanging fruit all else equal). a small or modest beat sees a pop that gets retraced immediately. and that's where i'd probably short all else equal (ex post in the >$110 zone). gl to all. careful.