5 Best Small Cap Stocks To Buy For 2015: Rackspace Hosting Inc(RAX)< /h3>
Rackspace Hosting, Inc. operates in the hosting and cloud computing industry. It provides information technology (IT) as a service, managing Web-based IT systems for small and medium-sized businesses, as well as large enterprises worldwide. The company?s service suite includes dedicated hosting comprising customer management portal and other management tools that manage data center, network, hardware devices, and operating system software; and cloud computing that enables customers to provide and manage a pool of computing resources, as well as delivery of computing resources to business when they need them. It offers cloud servers, cloud files, and cloud sites, as well as cloud applications, such as email, collaboration, and file back-ups; and hybrid hosting that provides a combination of dedicated hosting and cloud computing services. The company also offers customer support services. It sells its service suite through direct sales teams, third-party channel partners, an d online ordering. The company was formerly known as Rackspace.com, Inc. and changed its name to Rackspace Hosting, Inc. in June 2008. Rackspace Hosting, Inc. was founded in 1998 and is headquartered in San Antonio, Texas.
Advisors' Opinion:- [By WALLSTCHEATSHEET]
Rackspace has fewer OpenStack contracts that they expected to have by this time, but its still early in the game. The stock is also trading at 52 times earnings, which is a negative, and its not likely to be resilient if the stock market falters.
- [By Tim Beyers]
Real money was on the line then as it is now, which means any one of the five stocks you see below could ruin my investment strategy. None has fit that description more in recent weeks than Rackspace Hosting (NYSE: RAX ) . The stock recently set a new 52-week low amid concerns over intensifying competition.
source from Top Penny Stocks For 2015:http://www.topstocksforum.com/5-best-small-cap-stocks-to-buy-for-2015.html
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