Yahoo Stock Analysis- Yahoo Is Still Undervalued: What To Expect For The Upcoming Earnings Report
Summary
- Yahoo! is set to release its earnings report on April 21.
- The investment in mobile and other growth businesses has started paying off, and it will have its best performance yet in the current quarter.
- The continued emphasis on returning value to shareholders will increase investor confidence and send the stock price higher.
- I Know First’s algorithm is bullish on Yahoo! for the 3-month and 1-year time horizons.
The forecast is in agreement with the fundamental analysis of how undervalued Yahoo is at this point in time. The signals are exceptionally strong and are among the top picks for both time horizons, meaning the algorithm believes that the stock price will move much higher in the future. This makes sense, as it is currently vastly undervalued due when taking into account the value of its Alibaba holdings, and as the stock price should increase as the company continues to return value to shareholders in share repurchases.
