Yandex, N.V. (NASDAQ:YNDX)

CAPS Rating: 4 out of 5

Recs

1
Player Avatar TornettaJ (< 20) Submitted: 2/24/2013 10:28:07 AM : Outperform Start Price: $23.87 YNDX Score: -15.51

Over the next five years I expect this companies growth to explode. They're operating in a part of the world that houses the second most internet users globally and they see 50 million unique visitors each month, averaging 1.6 million per day. Trending its share prices back to 2008 reveals a growth of over 250%, with a nice forward P/E value indicating confidence share prices will rise.

They've recently been trying to expand outside of native Russia, which would prove their ability to succeed outside of Russian-speaking countries, and make a step toward becoming a competitor to Google. There is some speculation that the Russian government does hold a stake in the company, which would make acquisition more difficult.

Definitely a stock to watch. It has many of the characteristics of Google here in the US in terms of growth and potential, but the downside is the nightmare Russia brings for business.

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