Top 5 Small Cap Companies To Own In Right Now

Top 5 Small Cap Companies To Own In Right Now: Rackspace Hosting Inc(RAX)

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 Luke Jacobi]

  Rackspace Hosting (NYSE: RAX) shares were up 18.22 percent into the close to $36.26 on confirmation of approach by potential buyers and partners.

• [By Jake L'Ecuyer]

  Equities Trading UP
  Rackspace Hosting (NYSE: RAX) shares shot up 18.22 percent to $36.27 on confirmation of approach by potential buyers and partners.

• [By Jake L'Ecuyer]

  Equities Trading UP
  Rackspace Hosting (NYSE: RAX) shares shot up 18.97 percent to $36.50 on confirmation of approach by potential buyers and partners.

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