Tuesday, June 11, 2013

Why I Own Rackspace

Rackspace Hosting (NYSE: RAX  ) has seen share prices plummet 48% in just five months. Many investors glanced at the roller-coaster chart and decided to cash out, but Fool contributor Anders Bylund ran in the opposite direction.

In this video, Anders explains how this price drop unlocked an irresistible buying window for him, and what sets Rackspace apart from commodity rivals such as Amazon.com (NASDAQ: AMZN  ) .

The amount of data we store every year is growing by a mind-boggling 60% annually! To make sense of this trend and pick out a winner, The Motley Fool has compiled a new report called "The Only Stock You Need to Profit From the NEW Technology Revolution." The report highlights a company that has gained 300% since first recommended by Fool analysts but still has plenty of room left to run. To get instant access to the name of this company transforming the IT industry, click here -- it's free.

Editor's note: The volume level in this video is variable. We apologize for the inconvenience.

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