Cloud computing is expected to experience significant growth within the IT market as demand for smartphones and tablets continue to rise. According to research firm International Data Corporation, spending on public IT cloud services is expected to approach $100 billion in 2016 from roughly $40 million in 2012. Over the 2012 to 2016 period public IT cloud services is expected to experience a compound annual growth rate (CAGR) of 26.4%. "By the end of the decade, IDC expects at least 80% of the industry's growth, and enterprises' highest-value leverage of IT, will be driven by cloud services and the other 3rd Platform technologies." said Frank Gens, IDC?s senior vice president and chief analyst.

Akamai Technologies, Inc. (NASDAQ: AKAM) shares traded in the range of $42.28 to $43.00 Friday before settling to close at $42.55, a decrease of 0.33 percent. The stock appears to be facing some resistance at $48.03 with some support at $42.22. Shares of Akamai Technologies have gained approximately 4.0 percent year-to-date.

More information on Akamai Technologies and access to the free equity report can be found at:
www.WallStreetFundamentals.com/AKAM

Riverbed Technology, Inc. (NASDAQ: RVBD) shares traded in the range of $15.35 to $15.86 Friday before settling to close at $15.56, a decrease of 0.83 percent. The stock appears to be facing resistance at the $15.75 and $16.43 levels with some support at $15.28. Shares of Riverbed Technology have fallen approximately 21.1 percent year-to-date.

More information on Riverbed Technology and access to the free equity report can be found at:
www.WallStreetFundamentals.com/RVBD

Symantec Corporation (NASDAQ: SYMC) shares traded in the range of $22.21 to $22.53 Friday before settling to close at $22.48 a share on volume of 13.77 million shares traded. The stock appears to be facing resistance at the $22.68 and $22.95 levels with some support at $22.30. Shares of Symantec have gained approximately 19.5 percent year-to-date.

More information on Symantec and access to the free equity report can be found at:
www.WallStreetFundamentals.com/SYMC

Workday Inc. (NYSE: WDAY) shares traded in the range of $62.55 to $65.40 Friday before settling to close at $64.09, a decrease of 0.37 percent. The stock appears to be facing resistance at the $65.28 and $65.99 levels with some support at $63.60. Shares of Workday have gained approximately 17.6 percent year-to-date.

More information on Workday and access to the free equity report can be found at:
www.WallStreetFundamentals.com/WDAY

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