Top Ten Small-Cap Stocks: 27.88% Gain in 30 Days
Top 10 small-cap stock picks based on algorithms: the forecast for the Top 10 small-cap stocks from May 22nd (before market opening) are based on the "I Know First" stock forecast algorithm.
- The stock forecast includes predictions for:
- The Top 10 small-cap stock picks that best fit for long position.
- Forecast date: May 22nd
- Time horizon of the forecast: 90 trading days from May 22nd 2014 - June 22nd 2014
Bullish Algorithmic Forecast For Yahoo Around The Alibaba IPO
Even though Yahoo (YHOO) Chief Executive Officer Marissa Mayer slipped up and "overslept," making her late to a meeting with advertisers last week, YHOO as an investment is still currently a buy. This is driven by the company's proactive approach to revitalize itself as well as the upcoming Alibaba.com (BABA) IPO, which currently outweighs the risks associated with the stock. Our advanced algorithmic prediction system also has a bullish forecast for YHOO shares in the 1-month and 3-month time horizons. Over the past year the stock returned approximately 32%, outperforming the broader market over the same time frame. While this rise during the last year has made the stock more expensive compared to its peers, the company is able to justify this evaluation and has potential to expand value.