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Why Yahoo Is a Strong Buy

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The collective intelligence in the marketplace is saying the stock is worth a shot to the upside.

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MINYANVILLE ORIGINAL Marissa Mayer of Yahoo (NASDAQ:YHOO) is hard-core, and we like that. After hearing her outline her strategy to revive the company on Monday during an earnings call in which the search giant also reported revenue of $1.09 billion in the third quarter, we are warming up to her strategic direction. Other investors clearly felt the same way as the stock surged over 4% in after-hours trading following the 5:00 p.m. earnings call with analayts.

Unfortunately (or fortunately), words, positive news, and guidance, while of temporary succor, are sometimes in the long run meaningless. We listen to the mathematical price action of the stock. The issue with guidance and talk is that it creates a binary reaction in all of us. We say "I am a buyer" or "I am a seller" based on that belief, and it's that human emotion that want to try to eliminate. Why? Because individually, 99.9% of us will get our theories -- that is, why we like or dislike an idea -- wrong. We at ChartLabPro.com are guilty of it and we bet you are, too.

With that being said, Yahoo moved to a Strong Buy on October 5 and the collective intelligence in the marketplace is saying the stock is worth a shot to the upside.


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No positions in stocks mentioned.
The information on this website solely reflects the analysis of or opinion about the performance of securities and financial markets by the writers whose articles appear on the site. The views expressed by the writers are not necessarily the views of Minyanville Media, Inc. or members of its management. Nothing contained on the website is intended to constitute a recommendation or advice addressed to an individual investor or category of investors to purchase, sell or hold any security, or to take any action with respect to the prospective movement of the securities markets or to solicit the purchase or sale of any security. Any investment decisions must be made by the reader either individually or in consultation with his or her investment professional. Minyanville writers and staff may trade or hold positions in securities that are discussed in articles appearing on the website. Writers of articles are required to disclose whether they have a position in any stock or fund discussed in an article, but are not permitted to disclose the size or direction of the position. Nothing on this website is intended to solicit business of any kind for a writer's business or fund. Minyanville management and staff as well as contributing writers will not respond to emails or other communications requesting investment advice.

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