Yahoo Stock News: Yahoo Is Bullish Because Of Yahoo Japan And New Mobile Product: Fundamental And Algorithmic Analysis (YHOO)
Summary: Yahoo Stock News
- Yahoo’s transformation under Mayer has not yet materialized, as revenues continue to shrink.
- The potential return of the Yahoo Japan assets to shareholders will buy Mayer and Yahoo more time and flexibility for mobile business.
- Search deal with Mozilla and restructure partnership with Microsoft will increase revenues going forward.
- New mobile search app can help the company compete with Google to be indispensible to digital information.
- The I Know First Algorithm is bullish on Yahoo in the one-month and three-month time horizons.
Yahoo (NASDAQ:YHOO) released its most recent earnings report on April 21st, in which it missed market estimates for both sales and profits. CEO Marissa Mayer has been emphasizing the company’s strategic imperatives, which revolve around mobile technology. The new focus on the company is showing considerable growth and potential, but has not yet been able to turn the Yahoo’s fortunes around.
Algorithmic Analysis
The algorithmic analysis for both the one-month and three-month forecasts for Yahoo is especially strong, as can be seen in the figure above. This indicates that the algorithm believes that the stock price is in currently undervalued, which makes sense considering the company’s stakes in both Alibaba and Yahoo Japan. With the potential further return of value to shareholders through a sale or spinoff of Yahoo Japan, the introduction of a new mobile search application, and strong algorithmic analysis, Yahoo is a good stock to invest in at the current price.
