Stop The Search And Invest In Yahoo!
by Abhishek Kastiya
Investment Thesis
Yahoo! Inc. (YHOO) is up 15.84% since the beginning of the year. I believe that some of this increase has been because of the overall bullish stock market. It has helped propel Yahoo get to a new 52-week high. However, this rise has not been without cause. Yahoo has strong fundamentals and great growth opportunities for the future. Depending on the outcome of the Dailymotion acquisition, Yahoo will improve its online video-streaming segment. Yahoo was once at $108.17 nearly 14 years ago. There are many reasons for why it can reach those heights again in the long-term. I believe that it is a good idea to buy shares of Yahoo on the next market pullback. If the stock price comes down to around $22, it would be a great addition for your portfolio. The strong balance sheet, potential acquisitions, and transformations brought about by CEO Marissa Mayer make Yahoo a strong buy for the long-term. read more »
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More on YHOO
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