YHOO: Does Earnings Beat Make Yahoo A Buy?

Does Earnings Beat Make Yahoo A Buy?
by Qineqt

Yahoo! Inc's (YHOO) third quarter earnings comprehensively beat analyst estimates. The company announced distribution of more than $3.1 per share to investors and reported a 50% YoY earnings increase. The improvement in CPC and cheap valuations (forward P/E of 14x) make us bullish on YHOO. read more »

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