$15.11
-0.20 (-1.31%)
Yahoo!, Inc. (YHOO)
CAPS Rating:
The Company is a global Internet brand and trafficked destinations workdwide which seeks to provide Internet services that are essential and relevant to users and business.
RSS Headlines
Fool UK
Recs
Yes, this stock is ultra cheap right now, but it's going to get worse before it gets better, IMO. Jerry Yang is finally out as CEO, and there might be a temporary uptick when the new CEO steps in, but Yahoo is hurting bad and are not in a position to take on competitors at this point. Yes, they are strong in Asia and they may find a buyer at some point, but in the near term, I think YHOO will go down to 2001 levels -- $5/share.